During the last 30 years a series of deep trasformations positioned Chilean financial system atop of Lationamerica and Emerging Markets. In this paper we examine banks performance in 2000-2019 estimating technical efficiency. Most inference is conducted using both parametric and non-parametric...

The firms’ performance assessment for regulation requires estimating profit change and its drivers. This study estimates and decomposes profit changes into components such as output and input price changes, output growth, and markups. Using the stochastic frontier analysis, we compute the...

Within the water industry, some water companies provide both water and sanitation services whereas other just water services. Assuming a common technology of different types of water companies may lead to biased estimates of performance. To deal with the problem of incomparability of...