cost and scale efficiency, and changes in technology. We find that cost-productivity fell on average across all credit …Advances in information-processing technology have eroded the advantages of small scale and proximity to customers that …, though their average size has also risen. We investigate changes in the efficiency and productivity of US credit unions …

Productivity and efficiency change lies at the heart of achieving sustainable growth in China. This paper computes and … of rapid TFP growth mostly due to technical change, but with changes in scale–mix efficiency also playing a supplementary …

This paper addresses the relationship between bank competition and efficiency by computing Lerner indices and cost … efficiency scores for a sample of Chinese banks over the period 2002–2011. Granger-causality tests are performed in a dynamic GMM … competition over the period, even as cost efficiency improves. In a departure from the empirical literature showing that …

efficiency dictum which predicts a positive relationship between inequality, capital formation, and real GDP growth … empirical evidence for the support of the equity versus efficiency hypothesis—that economic incentives are necessary for capital …

. However, advancing with respect to the existing literature, we reveal a systematic lower efficiency and a significant tendency …

applying a two-stage procedure. In the first stage, data envelopment analysis (DEA) is used to measure the relative efficiency …. Moreover, the mean-variance efficiency hypothesis holds for the inefficient funds of the sample. In addition, DEA-based fund …

important issues raised in this literature is the one of networks efficiency. Nevertheless, for non trivial payoff functions …