Méon, Pierre-Guillaume; Weill, Laurent - Centre Emile Bernheim, Solvay Brussels School of … - 2007
This paper investigates whether financial intermediary development influences macroeconomic technical efficiency on a sample of 47 countries, both developed and developing, over 1980-1995. We do so by applying Battese and Coelli (1995)’s method at the aggregate level. It is found that...