This paper analyzes productivity with a directional distance function model by investigating convexity and non …-convexity in the Chinese banking sector. Two primary findings are summarized. First, there is a distinct change in productivity … experience local versus global technological change is small, indicating that productivity changes are driven by national rather …

This chapter defines the concepts of this Handbook - performance, productivity, efficiency, and profitability - and … discusses the interrelations. The most prominent performance measure, total factor productivity growth, is grounded in activity …