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This paper examines the contribution of the banking sector to overall economic activity for a sample of 15 OECD countries during an 18-year period. Resorting to a recently defined global Malmquist index, we detect productivity growth in both cases and study the influence of its two components,...
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Chapter 1. Introduction -- Chapter 2. New Definitions of Economic Cross-Efficiency -- Chapter 3. Evaluating Efficiency in Non-Homogeneous Environments -- Chapter 4. Testing Positive Endogeneity in Inputs in Data Envelopment Analysis -- Chapter 5. Modelling Pollution-Generating Technologies: A...
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In for-profit organizations, profit efficiency decomposition is considered important since estimates on profit drivers are of practical use to managers in their decision making. Profit efficiency is traditionally due to two sources – technical efficiency and allocative efficiency. The...
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We discuss how to properly decompose economic efficiency when the underlying technology is non-homothetic using alternative allocative and technical efficiency criteria. We first show that only under the production of one output and assuming the particular case of constant returns to scale...
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