Arjomandi, Amir; Harvie, Charles; Valadkhani, Abbas - In: Studies in Economics and Finance 29 (2012) November, pp. 287-300
Purpose – The purpose of this paper is to investigate the efficiency and productivity growth of the Iranian banking … new decomposition of the Hicks-Moorsteen total factor productivity index developed by O'Donnell to analyse efficiency and … productivity changes in a banking context. The advantage of this approach over the popular constant-returns-to-scale Malmquist …