Article history: Received 29 July 2013 Received in revised form 10 June 2014 Accepted 18 June 2014 Available online 25 June 2014 We investigate the impacts of market structure and bank risk taking on the efficiency of Chinese commercial banks, employing a two-stage semi-parametric data envelopment analysis model. Our empirical results show that the intense market competition compels Chinese com...

This paper compares the experience of poverty reduction in China and India. It finds that more than economic growth per se, what has mattered crucially is the nature of the growth: whether it is associated with growing inequalities that do not allow the benefits of growth to reach the poor; whether the structural change involved in the growth process generates sufficient opportunities for produ...

This paper examines the implications of human capital risk for the relationship between inequality and economic development. It argues that due to missing insurance markets for human capital risk, the initial distribution of family wealth may play an important role for an economy’s process of development fueled by human capital accumulation. The analysis suggests that, in the absence of credit ...

This paper presents a new approach for quantifying bank’s management quality, using a data envelopment analysis (DEA) model that combines multiple inputs and outputs to compute a scalar measure of efficiency. This measure will seek to capture a fundamental and crucial element of a bank’s success, which is its management efficiency. The results show that, on average, differences in management qu...

This paper deals with the effects of EMU enlargement (European Economic and Monetary Union) by evaluating the economic efficiency of growth policies of the 25 member countries. By using Data Envelopment Window Analysis the paper measures the policies adopted initiating economic growth of the 25 EU members for the time period of 1995–2005. Different factors reflecting countries’ investment polic...

In this paper the Malmquist index of total factor productivity is applied to a sample of 87 countries observed over the period 1960-90. This index and the method needed to quantify it, the data envelopment analysis, has substantial advantages as compared to traditional growth accounting. Two of these advantages are that it does not rely on questionable equilibrium assumptions to merge multiple ...

We present evidence on the relative efficiency of U.K. university technology transfer offices (TTOs) using data envelopment analysis (DEA) and stochastic frontier estimation (SFE). We find that U.K. TTOs exhibit low levels of absolute efficiency. Universities located in regions with higher levels of R&D and GDP appear to be more efficient in technology transfer, implying that there may be regio...

Data Envelopment Analysis (DEA) provides means for piecewise linear approximation of production functions. To improve the fit to the data we propose to improve the flexibility of the frontier by extending DEA towards a more general piecewise quadratic approximation, called Quadratic Data Envelopment Analysis (QDEA). In contrast to the linear approximation, the quadratic approximation allows for...