This study investigates the trend of X-(in) efficiencies across Eastern European 2004-accession countries' banking industries over the period 1999 to 2003. We use Data Envelopment Analysis (DEA) estimators to obtain proxies for X-(in)efficiencies and we then analyse the inter-country industry...

This chapter reviews the ways that economists measure the aggregate economic performance of national economies. Efficiency and productivity analysis using the methodologies of data envelopment analysis and stochastic frontier analysis has made a significant contribution to this challenge after...