This paper estimates the effect of energy tax (and price) changes on Total Factor Productivity (TFP) and net trade at the industry level, using a panel of industries from European countries covering the period 1990–2003. We investigate the hypothesis that industries with high adaptive capacity...

Technological change is far from neutral. The empirical analysis of the rate and direction of technological change in a significant sample of 12 major OECD countries in the years 1970-2003 confirms the strong bias of new technologies. The paper implements a novel methodology to identify and...

In the past decades, intangibles assets have become an important source of productivity and economic growth in developed countries. Despite the transforming properties of intangibles across economies and the large and dynamic literature on the impact of intangible investments on productivity...

Nonparametric data envelopment analysis is used to determine productivity and efficiency of agricultural and nonagricultural banks categorized into six different asset size groups. An output‐oriented Malmquist index is estimated and decomposed into its components to provide a comparison of...