The study endeavors to break down output growth in the Indian sugar industry into the ‘perspiration’ component that corresponds to factor accumulation and the ‘inspiration’ component that corresponds to the total factor productivity (TFP) growth. The bootstrapped Malmquist productivity...

The study is an endeavor to test the validity of convergence hypothesis in Indian sugar Industry. For inferential purpose, data for 12 major sugar-producing states over the period 1974/75 to 2004/05 has been used. The technical efficiency and scale efficiency scores have been computed using the...

The magnitude of the recent financial crisis, which started from the U.S. and expanded in Europe, change the perspective on banking supervision. The recent consensus is that to preserve a healthy and stable banking network, the monitoring of all financial institutions should be under a single...

We consider the problem of modelling the term structure of defaultable bonds, under minimal assumptions on the default time. In particular, we do not assume the existence of a default intensity and we therefore allow for the possibility of default at predictable times. It turns out that this...

We construct the Black-Scholes pricing framework using a non unitary central extension of the Galilei group that implements the numeraire invariance of the financial theory.Formally, Black-Scholes can be mapped to the case in which a free quantum particle acquires an imaginary mass inversely...

The paper aims to evaluate the presence and condition of vegetation by SAGA GIS. The study area covers northern coasts of Iceland including two fjords, the Eyjafjörður and the Skagafjörður, prosperous agricultural regions. The vegetation coverage in Iceland experience the impact of harsh...

The degree of relevance of this research is defined by the need of expansion and strengthening of the foreign economic regional relations as an instrument of growth of the economic status of the modern region (Republic of Tatarstan) through the interregional and foreign trade linkages. In...

The study endeavors to break down output growth in the Indian sugar industry into the ‘perspiration' component that corresponds to factor accumulation and the ‘inspiration' component that corresponds to the total factor productivity (TFP) growth. The bootstrapped Malmquist productivity index...

This manuscript summarizes the results of the geospatial analysis undertaken by means of Generic Mapping Tools (GMT). The comparative assessment of the bathymetry of the Kuril-Kamchatka hadal trench was performed for southern and northern segments separated by the Bussol Strait. The formation of...

We offer a version of the Black-Litterman model where the view generation process and the portfolio allocation process are jointly optimized in an end-to-end fashion (BLEnd2End). The views in our framework are market-wide statements on the performance of classical investment strategies and are...