under which globalization factors foster technology efficiency. In this paper, we extend the MSS model by combining panel … technical efficiency has monotonically decreased for low income countries, supporting the so-called club convergence hypothesis … improve production technology and efficiency position relative to the frontier only after the country has reached a certain …

Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …

This paper investigates the size-efficiency relation of European cooperative banks during the 2006-2015 period. We … cooperative banks from 12 European countries. This work extends the existing literature by focusing on shape of size-efficiency … European cooperative banks are significantly more cost efficient than their bigger peers and that the size-efficiency relation …