In this paper, we introduce a stochastic frontier model that incorporates efficiency effects and a heteroskedastic error structure. The mean efficiency is specified by a logistic function of the effects variables and the distribution for the one-sided random variable representing inefficiency is...

This study aims to explore a method for compiling input-output (I-O) table by firm size: specifically for small and medium enterprises (SMEs) and large enterprises (LEs), using a non-survey method. As a pioneering approach, this study constructs I-O tables by firm size of Vietnam for the years...

This paper investigates market structure, conduct, and performance in the context of the banking industry of India, and, in particular, the effects of consolidation. Using an unbalanced panel dataset comprising 30 banks from 2010 to 2020, the effects of changes in the degree of market...

We explore the structure of the US retail sector by estimating county-level demand thresholds for 11 retail industries using establishment-level data from the US Census Bureau's Longitudinal Business Database and Integrated Longitudinal Business Database. In addition to providing accurate and...

While a large body of literature has provided evidence on how financial development can contribute to the increase in well-being and, more recently, to the quality of the environment, it remains under researched how emerging markets' performance can be assessed in the two fields simultaneously....

According to the classical theory of economic development, as in Akamatsu's flying geese model, many countries should exhibit similar development patterns from agriculture-based sectors to processed or labor-intensive industries as a long-run trend. This paper identifies some common development...

The COVID-19 pandemic was categorized as a severe global exogenous shock that affected aggregate supply and led to demand distortions. In the present study, we designed an extended Leontief model with foreign trade and gross added value to evaluate the ex-ante effects of the crisis on Ecuador's...

This study examined the impact of institutional quality on trade competitiveness in African Continental Free Trade Area using panel data generated from 53 African Continental Free Trade Area ratified member countries from 2005 to 2018. Pooled mean group, anchored on the revealed symmetric...

The study of the linkages between regions to identify key economic regions generally uses the hypothetical extraction method proposed by Dietzenbacher et al. (Econ Syst Res 5(2):185-206, 1993). This approach assumes a partial hypothetical extraction (PHEM), as it excludes only intermediate input...

In achieving the African Union Agenda 2063-The Africa We Want-and financing SDGs, African economies will require an unprecedented mobilization of resources. This study examines the role of financial development on the nexus between domestic resource mobilization (DRM) and inclusive growth using...