In this paper, we propose a slack-based data envelopment analysis approach to be used in economic efficiency analyses when the objective is profit maximization. The focus is on the measurement of the ...

The paper investigates the effect of state ownership on efficiency of firms using an econometric model that allows for the separation of technical from allocative efficiency in a dynamic setting. The ...

Labor productivity growth has decelerated in the Baltic economies during the past two decades, with the downturn accelerating in recent years. This Selected Issues Paper analyzes the roles of ...