This paper evaluates the production activities of Japanese airports from 1987-2005 by using the directional slacks-based Inefficiency Data Envelopment Analysis model. Three measures of efficiency are estimated: the SBI-directional slacks-based inefficiency measure, the directional distance...

We investigate the effect of the European Union Emissions Trading System (EU ETS) on the economic performance of manufacturing firms in Germany. Our difference-in-differences framework relies on several parametric conditioning strategies and nearest neighbor matching. As a measure of economic...

This study intends to understand how disaster is related to countries' production efficiency using a sample of 137 countries over 1980 - 2011. We analyze the effect of the number of man-made and natural disaster occurrences on countries' technological change (swift of the frontier) and...