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 main goal of this research is to compare and contrast two methodologies that exist within the multi-criteria decision making field. After presenting Data Envelopment Analysis (DEA) and the Multi-Dimensional Scaling approach (Co-plot), the two techniques are evaluated and compared against...

In this chapter we discuss the relationship between changes in a country's age structure and its economic growth and productivity. We summarize the recent literature on the impact of a country's age structure on economic growth and relate the results to our own empirical findings. Our results...

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

The nonparametric data envelopment analysis (DEA) literature on environmental efficiency (EE) considers handling undesirable outputs in two alternative ways: either in their original forms with the assumption that these are weakly disposable or in various translated forms with the assumption...