presence of selection effects and treatment heterogeneity. As an example we present an estimate of the TPE for a rural water …

Insurance enterprises provide services, called insurance services, to policyholders. The values of such services are … discusses the treatment of insurance services, and related transactions, in the balance of payments. A simple measure, based on … a number of assumptions, of nonlife insurance services is considered. The assumptions underlying this measure are then …

We compile the first large cross-country panel dataset of public sector performance and efficiency, encompassing 114 … 900 observations for health. We regress these indicators on potential economic, institutional, demographic, and geographic … lower efficiency in the respective sector. Moreover, we find that richer countries exhibit better public sector performance …

across four different stages: project appraisal, selection, implementation, and evaluation. Covering 71 countries, including …

economic growth and efficiency, using panel data for 40 countries which reformed their financial systems. Financial sector … reform is hypothesized to affect economic growth and efficiency through three main channels: the real interest rate … representing the interest cost of capital, the volume of intermediation, and financial sector efficiency. The results indicate that …

its operational efficiency. Potential trade-offs between legitimacy and efficiency exist for any public institution but … legitimacy and efficiency …