stage, cross country workers' efficiency is estimated using a bootstrapped DEA approach over the period of 1990-2000 for 78 … countries. In the second stage, the impact of institutions on these efficiency estimates is analyzed in a truncated bootstrapped …, bureaucratic inefficiencies, lax regulations and unfriendly business policies, tend to have a larger effect on workers efficiency …

b) efficiency change are estimated for a period of 1990-2000 for 78 countries. In the second stage, the impact of … of institutions influencing efficiency change are not found. This study also shows that institutions that curb corruption …