Reziti, Ioanna; Zangelidis, Leonidas - In: Spoudai : journal of economics and business 69 (2019) 4, pp. 3-20
). The FPI is further decomposed into measures of technical change, technical efficiency change, scale and mix efficiency … change, residual scale efficiency change and residual mix efficiency change. The results show that TFP has declined for all … regions except region II. In region IV, the TFP decrease is due to the deterioration of scale and mix efficiency. In region …