Purpose: The consolidation of the banking market in Croatia is characterized by a decreasing number of banks, especially small banks. The inability to remain in the market is often the result of the inability to maintain sustainable efficiency over time. Therefore, the main aim of the study was...

This paper propose to employ the SPF approach (stochastic production frontier) to measure the technical efficiency of the country level for best economic performance, as the measure of growth is the essential practice to comprehend the roots of economic growth. It is evident from the results,...

During the last 30 years a series of deep trasformations positioned Chilean financial system atop of Lationamerica and Emerging Markets. In this paper we examine banks performance in 2000-2019 estimating technical efficiency. Most inference is conducted using both parametric and non-parametric...

The paper examines the impact of the export status of the company on its efficiency. For this purpose, a semi-parametric assessment of the effectiveness of firms is built. After that, an empirical assessment of the effect of participation in export activities on the productivity of the company...

The pharmaceutical industry has become one of the most powerful and potential industry for the economic growth in the world. Accordingly, many countries have increased research and development (R&D) investment with the goal of producing new drugs. As R&D in the pharmaceutical industry became...