This paper explores an intermediate route between the Fisher and the Malmquist productivity indexes so as to minimize data requirements and assumptions about economic behavior of production units and their production technology. Assuming quantity data of inputs and outputs and the behavioral...

Purpose – This paper aims to conduct inter-country analysis of agricultural productivity growth in transition countries in Asia and Europe. This paper pays particular attention to the magnitude and direction of productivity growth over different stages of their market reforms....

At any given instance there are many indicators of the state of the economy, or the state of a sector, and frequently the signals are mixed – some may point to an expansion, others to a contraction, for example. We consider how best to combine this conflicting information into an overall index...

In this contribution, we look again at the trajectory and the efficiency of the ‘European social model’ (EMS). We re-apply an econometric methodology, which was already used in the study Herrmann, Heshmati et al., 2008, 2009. In that study, the authors said that apart from Finland and the...

Starting from Professor Kornai’s assertion about the necessity to focus on the long-term perspectives of the transformation process, we analyze in this paper the Lisbon performance of the countries of the European Union from such a long-term, structural perspective. We present in a simple form...

In this paper we analyze the Lisbon performance of the countries of the European Union from a long-term, structural perspective. It again turns out that first of all things get worse, before they get better – the old wisdom of classical development economics (Kuznets) and political science...

We review the past 25 years of time series research that has been published in journals managed by the International Institute of Forecasters (<I>Journal of Forecasting </I>1982-1985; <I>International Journal of Forecasting </I>1985-2005). During this period, over one third of all papers published in these...</i></i>

In this qualitative sociological and quantitative economic policy paper, we show the trade-off between social expenditures and absolute poverty, and construct a non-parametric efficiency indicator, combining the residuals from the trade-off between social expenditures per capita and absolute...

Following the attempt by Alesina and Guiliano (2013) to measure global culture and to project these measurements onto real choropleth geographical world maps, we utilize the data from the World Values Survey (WVS) to arrive at robust measurement scales of global economic, political and social...