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Purpose: the objective is to measure the financial and social performance of 127 microfinance institutions (MFIs) and observe the effects with explanatory factors such as “type”, “geography region”, and “secular and faith” variables. Design/methodology/approach: The time-series...
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empirical relationship between technical efficiency and market forces compelling agents to economize. This article, taking an … innovative approach to test the hypothesis that competitive pressure enhances efficiency, constructs a methodology to examine … time series of technical efficiency indices for cointegration and convergence. A panel of U.S. airlines, observed quarterly …
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