This study employs various bootstrapped Malmquist indices and efficiency scores to investigate the effects of government regulation on the performance of the Iranian banking industry over the period 2003-2008. An alternative decomposition of the Malmquist index, introduced by Simar and Wilson...

Increased global demand for energy and other resources, particularly from the rapidly developing economies of China and India and the opening up of global resource markets to global investors and speculative activity, has resulted in considerable recent turbulence in resource prices. The recent...

This study employs a stochastic frontier analysis (SFA) to predict the technical efficiency of Thai listed manufacturing enterprises, using unbalanced panel data for 178 enterprises covering the years 2000 to 2008. The empirical findings indicate that these enterprises have been operating under...

The purpose of this paper is to investigate the relationships between stock market returns of 13 countries based upon monthly data spanning December 1987 to April 2007. Specifically, the principal component (PC) and maximum likelihood (ML) methods are used to examine any discernable patterns of...

The productivity and efficiency of the financial sector is pivotal to the attainment of economic growth and development in developed and developing economies alike, and is of particular interest in the wake of financial sector reform and restructuring. This study applies the Malmquist...

The Australian telecommunications market is a typical mature market in a developed country. This paper gives an overview of the Australian telecommunication market’s development, industry structure, major components and contributions, major firms, key government agencies and organizations in...

Viet Nam stands at an important crossroads in its transition from a planned to a market-orientated economy. While it has moved considerably from being an inward-looking, stagnant and financially dependent planned economy during the early 1980s to an outward-orientated, globalized and...

Collaborate with peer-sized or larger-sized partner helps the firm to enhance its process, product quality, reputation, and market position. Therefore, when choosing collaborator, firms prefer peer-sized or lager-sized partners. Many empirical researches try to link the firm’s size with the...

The relationship between budget deficits and macroeconomic variables (such as growth, interest rates, trade deficit, exchange rate, among others) represents one of the most widely debated topics among economists and policy makers in both developed and developing countries. However, the purpose...

During 1962–1989, South Korea underwent a remarkable economic transformation from being poverty-ridden to attaining the status of newly industrialised nation. This transformation was achieved through the adoption of an outward-oriented, industry-led strategy. It was based, particularly during...