A panel data of 13 Economic Community of West African States (ECOWAS) member nations were used to analyze the Total Factor Productivity (TFP) growth in the agricultural sector of the subregion from 1971 to 2007. The study computed Malmquist productivity indexes and its decomposition using Data...

Money demand specification is the single most-investigated macroeconomic relationship empirically. The monetary policy formulation depends crucially on the parameters of money demand function. An emerging economy undergoes structural change in the sector GDP composition as compared to its...

The paper examines the nexus between growth and primary energy consumption in Portugal, using the Autoregressive Distributed Lag (ARDL) bounds test approach with annual time series data from 1965 to 2008. Portugal is a medium-sized economy which has experienced several episodes of economic...

: In this study, a four-stage Data Envelopment Analysis (DEA) model has been proposed to examine the productive efficiency of commercial banks. Risk that leads to an undesirable output, and which is viewed as originating due to exogenous and endogenous factors, has been explicitly introduced. It...

This paper examines the technical efficiency of the Spanish textile industry for the period 1995-2005, by estimating a stochastic production function. The empirical findings show that in the first half of the period most of the textile groups displayed high levels of efficiency, which can be...

This study uses the Generalized Method of Moments (GMM) technique to determine the impact of Official Development Assistance (ODA) on trade balance of Sub-Saharan African countries, using annual data for the period 1980-2007. The result shows that ODA has positive effect on import and negative...