This paper aimed to analyse Senegalese farmers’ technical efficiency in the context of climate variability and spatial heterogeneity. To achieve this, firstly using simulated data, we evaluated the newly developed spatial stochastic frontier estimation technique based on skew-normal...

Several empirical studies are concerned with measuring the effect of currency and current account crises on economic growth. Using different empirical models this paper serves two aspects. It provides an explicit assessment of country specific factors influencing the costs of crises in terms of...

Recent empirical evidence suggests that reversing current account balances imply costly adjustment processes leading to reduced economic growth. Using large panel data sets to analyze determinants and costs of reversals asks for controls of heterogeneity among countries. This paper contributes a...