Moffat, Boitnmelo; Valadkhani, Abbas; Harvie, Charles - School of Accounting, Economics, and Finance, … - 2008
The productivity and efficiency of the financial sector is pivotal to the attainment of economic growth and development … restructuring. This study applies the Malmquist productivity index to measure and decompose the total factor productivity change of …, intermediation and operating approaches. The empirical results indicate a loss or little productivity gain in Botswana’s financial …