We identify the sources of long-term economic growth in V4 countries and in Finland in this paper. We show the differences in productivity levels and their development over time, with following decomposition of productivity gap to technological backwardness and inefficiency. We deal with an...

This paper analyses the development of the Russian banking sector over the period 2001-2007 to assess the impact of ownership on the operations of commercial banks. The stochastic frontier approach is employed for a sample of the 50 largest Russian banks to determine cost efficiency differences...

Neoclassical growth accounting is a methodology used to measure the contribution of different production factors to economic growth and to indirectly compute the rate of technological progress. This model assumes constant returns to scale and perfectly competitive factor markets, which implies...

The purpose of this study is to measure efficiency and economies of scale in the Austrian and German health insurance industry. These are important aspects of the competitiveness of the Austrian insurance companies in the light of the liberalization and opening of the insurance markets in the...

The purpose of this study is to measure changes in efficiency and productivity over time in the German insurance industry. These are important impacts of the liberalization and opening of the German insurance market. With the aid of the Data Envelopment Analysis an efficiency frontier has been...