Surveys of bank efficiency intrinsically draw conclusions based on the assumption that all banks in a sample use the … efficiency estimates by assigning incorrectly these deviations as inefficiency. We approach these consideration by estimating the …. Based on the changes of the efficiency scores of the banks we extract inferences with policy implications in the spectrum of …

This paper implements both stochastic production and cost frontier analyses to estimate the efficiency of toll motorway … scale and density economies, showing that an increase in vehicle-kilometers is more important for cost efficiency than … extending the motorway. The differences between transient and persistent efficiency are significant, so that we can test for …

productivity and efficiency indices using a Malmquist productivity index (MPI) for four significant expenditures for the 2004 … the significant elements in measuring government expenditure efficiency. From the estimation results, the degree of fiscal … decentralization is found to promote government expenditure efficiency. Tax revenue collected by regional governments will support …

In this paper, we compare the efficiency of the Italian and German university system in the process of translating … over the period 2006-2011, we find that Italian universities are significantly better in terms of cost efficiency than …

This paper investigates the link between competition and efficiency for the Hungarian corporate sector during various … estimated production functions indicate a gradual improvement in efficiency and a shift from decreasing to increasing returns to … efficiency of the firm. …