In this paper we analyse public sector efficiency in the new member states of the European Union compared to that in … emerging markets. After a conceptual discussion of expenditure efficiency measurement issues, we compute efficiency scores and … rankings by applying a range of measurement techniques. The study finds that expenditure efficiency across new EU member states …

This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation … to estimate profit functions and to obtain efficiency scores for a large sample of European firms. We pioneer the use of … efficiency in order to increase profitability. Among firms that have embarked in product innovation, those in the industry and …

economies. We also assess the efficiency of public spending in redistributing income by using a DEA (Data Envelopment Analysis …

study the trade-off between efficiency (proxied by real GDP per capita and TFP) and equity (proxied by the labour share of …

Do negative interest rates affect banks' cost efficiency? We exploit the unprecedented introduction of negative policy … rates by adjusting their cost efficiency. We find that banks most affected by negative interest rates responded by enhancing … their cost efficiency. We also show that improvements in cost efficiency are more pronounced for banks that are larger, less …