Studies that have analyzed the efficiency of developing countries have estimated non-spatial frontier models. We extend this approach by accounting for spatial dependence among African countries. In particular, we estimate a spatial Durbin stochastic production frontier model. We also make novel...

We examine the direct and indirect impacts of natural disasters on deposit rates of bank branches during the period 2008 – 2017. Our approach is one of the first to capture spatial spillover effects of disasters on the deposit rate setting of branches based on their geographic distance from...