Purpose – The purpose of this paper is to detect the relationship between finance and growth in the European Union countries, by searching the direction of causations. Design/methodology/approach – The growth of real sector is expressed by real GDP per capita growth (dgdpcap), while the size...

This study proves mathematically that in any bank if the growth rate of sales is higher than the absolute growth rate of bank's lending rate, then bank's profits will not decrease. This mathematical expression can be considered as the condition for keeping a bank profitable. An econometric...

There are various arguments about the impact of firm size on productivity growth. On one hand, it is claimed that large firms could be more efficient in production because they could use more specialized inputs, better coordinate their resources, etc. On the other hand, it is emphasized that...

Given the importance of global competition in the information and communication technology (ICT) industry and its contribution to national economies, this paper examines the competitive structure of the global ICT market. By examining the effect of global strategies of the top 50 ICT...

<title>Abstract</title> This paper demonstrates an evaluation of welfare policies and regional allocation of public investment using the recent developments in efficiency analysis and statistical inference. Specifically, the efficiency of the welfare policies of the Greek prefectures for the census years of...

This paper, using data envelopment (DEA) window analysis and generalized method of moments (GMM) estimators, examines the existence of a Kuznets type relationship between countries' environmental efficiency and national income. Specifically, it measures the environmental efficiency of 17 OECD...