This paper studies efficiency and scale economies in the Japanese non-life insurance industry using Data Envelopment Analysis (DEA) with inclusion of input prices in the model. Japanese non-life insurers generally score quite high in technical efficiency but low in allocative efficiency, which...

This study suggests that during the period 1995-2005, the average cost of Cypriot commercial banks is close to that of Greek banks, but higher than the average cost of UK commercial banks, albeit the latter difference declines over time. In addition, Cypriot (and UK) commercial banks operate in...

An actual growth rate greater than 30% indicates that offshore wind is a reasonable alternative to other energy sources. The industry today is faced with the challenge of becoming competitive and thus significantly reduce the cost of electricity from offshore wind. This situation implies that...