We apply a stochastic frontier production model to data from 53 countries during 1991-2003 to estimate total factor productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that world productivity growth was led by fast-growing...

We use the non-parametric Data Envelopment Analysis (DEA) and the parametric Stochastic Frontier Analysis (SFA) to workout efficiency and productivity of the ICT sector across 50 countries for the time period 2016 and 2020. By considering OECD -DSTRI index as bad output, the study intends to...

This paper explore the role of institutions to enhance the productivity growth across countries using a two stage Double Bootstrap Data Envelopment Analysis (DEA). The productivity growth is calculated on the basis of Malmquist productivity index. It also explores the sources of productivity...

This paper examines the relationship between total factor productivity, trade openness, and foreign direct investment to economic growth in 90 middle-income countries from 1990 to 2020. We employ the Generalized Method of Moments with country and period fixed effects to overcome...

This paper measures environmental efficiency (EE) and environmental productivity (EP) and analyzes differences in these across countries. It explores the macro-economic factors that could explain these differences and whether these differences can be explained by income levels and by the degree...

Purpose This paper examines the relationship of financial market inclusion, economic growth, foreign direct investment and real output on trade openness for the Saudi Arabia Economy. Trade openness potentially is a major source of economic growth and development. Design/methodology/approach This...

Using a growth accounting framework, we find that developing Asia grew rapidly over the past 3 decades mainly due to robust growth in capital accumulation. The contributions of education and total factor productivity in the region's past economic growth remain relatively limited. Our baseline...