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Ownership Forms Matter for Airport Efficiency : A Stochastic Frontier Investigation of Worldwide Airports

Oum, Tae Hoon; Yan, Jia; Yu, Chunyan - 2008

We study the effects of ownership forms on airports' cost efficiency by applying stochastic frontier analysis to a … airports would improve the efficiency of all airports …

Persistent link: https://www.econbiz.de/10014217775

What is behind the weakness in global investment?

Leboeuf, Maxime; Fay, Bob - 2016

The recovery in private business investment globally remains extremely weak more than seven years after the financial crisis. This paper contributes to the ongoing policy debate on the factors behind this weakness by analyzing the role of growth prospects and uncertainty in explaining...

Persistent link: https://www.econbiz.de/10011422052

Are Institutions a crucial Determinant of Cross Country Economic Efficiency? A Two-Stage Double Bootstrap Data Envelopment Analysis

Siddiqui, Danish Ahmed - 2019

stage, cross country workers' efficiency is estimated using a bootstrapped DEA approach over the period of 1990-2000 for 78 … countries. In the second stage, the impact of institutions on these efficiency estimates is analyzed in a truncated bootstrapped …, bureaucratic inefficiencies, lax regulations and unfriendly business policies, tend to have a larger effect on workers efficiency …

Persistent link: https://www.econbiz.de/10012897423

US banks efficiency after global financial crisis : transient and persistent decomposition

Ferrara, Giancarlo; Kounetas, Konstantinos - 2021

significant supervisory and regulatory reforms affecting banks efficiency performance. We offer new insights investigating overall … that persistent efficiency seems to be more important for both specifications, as it accounts for 32\% (for the production …

Persistent link: https://www.econbiz.de/10013219779

Private Saving. New Cross-Country Evidence Based on Bayesian Techniques

Hernando, Ignacio - 2018

The existing literature exhibits high uncertainty over the theoretical and empirical determinants of private world saving. This paper reports new evidence on the drivers of private saving by applying Bayesian techniques, using data from the world's 35 largest economies in the period 1980-2012....

Persistent link: https://www.econbiz.de/10012928648

TFP Growth and Commodity Prices in Emerging Economies

Kataryniuk, Iván - 2017

In this paper we aim at empirically testing cross-country impacts of commodity price shocks to aggregate TFP growth for a sample of emerging economies. Under a growth accounting framework, we estimate country-specific TFP growth (1992-2014) and select the attendant robust determinants by means...

Persistent link: https://www.econbiz.de/10012960331

Growth Empirics in Panel Data Under Model Uncertainty and Weak Exogeneity

Moral-Benito, Enrique - 2013

This paper considers panel growth regressions in the presence of model uncertainty and reverse causality concerns. For this purpose, my econometric framework combines Bayesian Model Averaging with a suitable likelihood function for dynamic panel models with weakly exogenous regressors and fixed...

Persistent link: https://www.econbiz.de/10013089196

The Determinants of VAT Introduction : A Spatial Duration Analysis

Cizek, Pavel - 2012

The spatial survival models typically impose frailties, which characterize unobserved heterogeneity, to be spatially correlated. This specification relies highly on a predeterminate covariance structure of the errors. However, the spatial effect may not only exist in the unobserved errors, but...

Persistent link: https://www.econbiz.de/10013101369

The Analysis of the Impact of Regulatory Environment on the Pace of Economic Growth of the World Countries According to the Bayesian Model Averaging

Próchniak, Mariusz; Witkowski, Bartosz - 2013

The study examines the relationship between the regulatory variables and economic growth on the basis of Bayesian model pooling applied to Blundell and Bond’s GMM system estimator. The areas of regulations (institutions) are measured by the following indicators: index of economic freedom,...

Persistent link: https://www.econbiz.de/10014150807

TFP Growth and its Determinants : Nonparametrics and Model Averaging

Danquah, Michael; Moral-Benito, Enrique; Ouattara, Bazoumana - 2011

investigate the main determinants of the TFP components: efficiency change (i.e. catching up) and technological progress (i …

Persistent link: https://www.econbiz.de/10014183890