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Studies that have analyzed the efficiency of developing countries have estimated non-spatial frontier models. We extend this approach by accounting for spatial dependence among African countries. In particular, we estimate a spatial Durbin stochastic production frontier model. We also make novel...
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We examine the direct and indirect impacts of natural disasters on deposit rates of bank branches during the period 2008 – 2017. Our approach is one of the first to capture spatial spillover effects of disasters on the deposit rate setting of branches based on their geographic distance from...
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This chapter estimates heterogeneous productivity growth and spatial spillovers through industrial linkages in the United States and China from 1981 to 2010. The authors employ a spatial Durbin stochastic frontier model and estimates with a spatial weight matrix based on inter-country...
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