In this paper we study the impact of ICT capital in developed countries during 1980-1995. We use Solow’s growth accounting methodology synthesized with statistical testing about equality of distributions and multimodality of distributions. We test for significance of a contribution from each...

Diversified and focused business models may affect foreign bank efficiency differently. We investigate whether there is an optimal business model along three business dimensions—assets, funding and income—and which business model is optimal for foreign banks in a financial center....

In this work we develop a framework for statistical testing of significance of contributions to changes in economic growth rates (and productivity changes) in the Solow¡¦s growth accounting framework, which is the main contribution of the paper. We then also illustrate the developed...