Most of the existing literature on the construction of composite indicator (CI) in the Benefit of the Doubt (BoD) framework fails to consider the exogenous external (tangible or intangible) factors, which might have influences on individual components of the CI. The present research proposes an...

In the last decade special attention has been focused on estimating a firm's efficiency and productivity; Stochastic Frontier Analysis (SFA) has been one of the most used techniques that allows the separation of inefficiency from stochastic noise, assuming homogeneous technology is available to...