and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009 … potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs …

This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations … from the World Bank Enterprise Survey database, we find a positive and robust causal relationship between our proxies for … competition and our measures of productivity. We also find that countries that implemented product-market reforms had a more …

How do firm-specific actions-in particular, innovation-affect firm productivity? And what is the role of the financial … sector in facilitating higher productivity? Using a rich firm-level dataset, we find that innovation is crucial for firm … performance as it directly and measurably increases productivity. Moreover, its effects on productivity are mediated through the …

This study examines the effect of financial-sector reform on bank performance in selected Middle Eastern and North … African (MENA) countries in the period 1994 -2008. We evaluate bank efficiency in Egypt, Jordan, Morocco, Lebanon and Tunisia … bank specific variables on bank efficiency. Overall, the analysis shows that, despite similarities in the process of …

commercial bank efficiency by applying a version of Data Envelopment Analysis (DEA) to bank-level data from a wide range of … transition countries. In addition to stressing the importance of some bank-specific variables, the censored Tobit analysis … suggests that (1) foreign ownership with controlling power and enterprise restructuring enhances commercial bank efficiency; (2 …

relationship between banks'' risk of failure, market structure, bank ownership, and banks'' screening and bankruptcy costs. These …,000 bank-year observations for 133 non-industrialized countries during the 1993-2004 period. Four main results obtain. First …, the positive and significant relationship between bank concentration and bank risk of failure found in Boyd, De Nicolò and …

We examine a large panel of more than 100 banks from Argentina to study the effects of bank consolidation on … performance between December 1995 and December 2000, a period of heavy bank consolidation and relative calm. Overall, we find a … positive and significant effect of bank consolidation on bank performance. Bank returns increase with consolidation, and …

-specific characteristics are found to have a considerable influence on bank efficiency …