India's financial sector reforms, introduced in 1992, may have influenced the performance of commercial banks through a variety of channels. The present study is an attempt to examine the efficiency levels of Indian banks for the period 1985–2004. We employ stochastic frontier analysis to...

This article estimates total factor productivity growth of eighteen Indian bio-pharmaceutical firms for the period 2000–2009, using Malmquist Productivity Index (MPI) and non-parametric, Data-Envelopment-Approach. The measured MPI is decomposed to separate the contributions of technical...

International outsourcing is an important aspect of economic globalization. Since outsourcing leads to more specialization, it is expected to reduce production costs and to increase productivity. <span>This study uses microdata on Dutch firms to investigate the effects of international and domestic...</span>

This paper contributes to an emerging literature that brings the constant elasticity of substitution (CES) specification of the production function into the analysis of business cycle fluctuations. Using US data, we estimate by Bayesian methods a medium-sized DSGE model with a CES rather than...

India's economic liberalization in the 1990s provides scope for research on the effects of policy reforms on economic performance. This paper examines some of these policy changes and their impact on firms’ productivity and efficiency. We assess, specifically, the role of export and import...

Despite growing concern regarding the productivity benefits of foreign direct investment (FDI), very few studies have been conducted on the impact of FDI on firm-level technical efficiency. This study helps fill this gap by empirically examining the spillover effects of FDI on the technical...

This article estimates the level of competitiveness for the 32 federal states of Mexico taking into account production, productivity, employment and wages. There are two types of Mexican states in respect of competitiveness. The competitive states are more diversified and show higher levels of...

We examine potential selective reporting in the literature on the social cost of carbon (SCC) by conducting a meta-analysis of 809 estimates of the SCC reported in 101 studies. Our results indicate that estimates for which the 95% confidence interval includes zero are less likely to be reported...

In this paper we test the nexus between financial development and economic growth upon territorially highly disaggregated data from Italy, paying particular attention to the role of market power of local banks and cooperative banks. Profit efficiency, computed using the so-called “true...

While innovation is argued to create value, private incentives of firms to innovate are driven by what part of the value created firms can appropriate. In this paper we explore the relation between innovation and the markups a firm is able to extract after innovating. We estimate firm-specific...