The paper studies the productivity change of the commercial banks in the CEE countries over the post-crisis period 2013-2018. The productivity change is measured by the Malmquist Productivity Index and its sub-components, applying two approaches-the asset-oriented and profit-oriented...

Passenger transportation in Japan's main metropolitan areas is operated by the JR companies, which were privatized and divested from Japan National Railways (JNR) in 1987 and by 16 major private railway companies with large-scale operations. Although their core business is transportation, the...

Based on corrected nighttime light data and firm-level data from 1998 to 2010, we use an urban sprawl index that properly captures the subtle differences in density distribution within cities, extend a hyperbolic distance specification within a parametric stochastic framework to the analysis of...

While artificial intelligence (AI) adoption holds the potential to enhance business operations through improved forecasting and automation, its relation with average productivity growth remain highly heterogeneous across firms. This paper shifts the focus and investigates the impact of...

This study investigates whether investment in the health sector matters for achieving sustainable growth via the Dumitrescu-Hurlin heterogeneous panel non-granger causality test and the dynamic panel threshold model for 28 sub-Saharan African countries (SSA). We report evidence of a...

Purpose This study explores the effect of local budget retention rate changes (RER) on total factor productivity (TFP) and its components in Vietnam. Design/methodology/approach The study employs a two-system generalized method of moments (GMM) estimator and data from 2012 to 2019 across all 63...

On the basis of a theoretical analysis, this paper develops an indicator framework for measuring informatization level and estimates the informatization levels of various regions in China spanning 2006 to 2019; Utilizing the DEA-Malmquist index approach, the paper estimates the TFP of various...

Belgium's total factor productivity (TFP) growth slowdown since the late 1990s has been worse than peers' despite significant spending on innovation. This is largely explained by subdued business dynamics, insufficient firm access to financing, labor and capital misallocation, and the...

We examine value chain productivity within the EU15 from 1995 to 2017; a period marked by growth and its subsequent slowdown following the 2008 Financial Crisis. Using data on global value chains from the new OECD Inter-Country Input-Output Tables and KLEMS data, we construct a measure of total...

While artificial intelligence (AI) adoption holds the potential to enhance business operations through improved forecasting and automation, its relation with average productivity growth remain highly heterogeneous across firms. This paper shifts the focus and investigates the impact of...

Currently, the process of the digital transformation of EU countries is very important and often discussed. It will not only bring new opportunities for companies and the broader population but will also enable the transition to a more ecological economy. An important goal is to speed up the...

The European Commission's 2015 aging report forecasts a substantial increase in public spending on Long-Term Care (LTC) for OECD countries by 2060, posing significant fiscal challenges. This study aims to assess the efficiency and productivity of the LTC sector from 2010 to 2019 and explore...

Using a narrative identification of tax changes in the United States over the post-WWII period, we document that a temporary cut in corporate income tax rates leads to a long-lasting increase in innovation and productivity, whereas changes in personal income tax rates only have short-term...

In the context of the digital economy, empowering firm innovation investment through digital transformation is an important strategy for promoting innovation development in China. This study investigates the effects and mechanisms of digital transformation on firm innovation investment from the...

The European Union stands at a crossroads. For decades, the EU's productivity growth has consistently lagged the United States, leading to slower growth in living standards and decline in global economic power. While short-term factors like the strong US fiscal expansion have widened the gap in...