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This paper aims to estimate bank efficiency differences across member states of the European Union and tries to explain their causes. We show on an empirical basis that the level and spread of bank efficiency in the EU and their changes are significantly determined by characteristics of...
Persistent link: https://www.econbiz.de/10010322483
Cyclically adjusted budget balance (CAB) is a widely cited and widely used concept in the evaluation of fiscal situations. The key idea behind it involves the identification of potential levels of economic variables. There are two recently used methods: the aggregate approach and the...
Persistent link: https://www.econbiz.de/10010322488
economic growth thereafter. The oil-rich economies of Eastern Europe and Asia have been less successful. This paper shows that … a large part of the variation in growth rates among the transition economies can be attributed to the curse of natural … abundance and economic growth. Among the transition economies the prime reason for the curse of natural resource is corruption …
Persistent link: https://www.econbiz.de/10010322653
This discussion paper attempts the investigation of inefficiency with respect to water suppliers in rural areas of East and West Germany. This is done by using a nonradial measure of input-specific allocative inefficiency based on the demand system derived from a flexible cost function for the...
Persistent link: https://www.econbiz.de/10010322737
In this paper we examine the significance of labour productivity and use of inputs in explaining technical efficiency of rice production in Bangladesh. We find that higher labour productivity can stimulate high efficiency gains, but increased use of inputs (except land) induces negative marginal...
Persistent link: https://www.econbiz.de/10010322768
We model Greek monetary policy in the 1990s and use our findings to address two interrelated questions. First, how was monetary policy conducted in the 1990s so that the hitherto highest-inflation EU country managed to join the euro by 2001? Second, how compatible is the current ECB monetary...
Persistent link: https://www.econbiz.de/10010322776
We estimate an institutional production function to capture incentive induced growth in total factor productivity (TFP …
Persistent link: https://www.econbiz.de/10010322796
EU-TE trade is increasingly characterized by intra-industry trade. For some countries (Czech Republic), the share of intra-industry trade in total trade with the EU approaches 60 percent. The decomposition of intra-industry trade into horizontal and vertical shares reveals overwhelming vertical...
Persistent link: https://www.econbiz.de/10011653023
Persistent link: https://www.econbiz.de/10000723613
Persistent link: https://www.econbiz.de/10001821791