Financial development and productive inefficiency: a robust conditional directional distance function approach
This paper examines whether the level of financial development helps lower countries’ inefficiency using time-dependent robust conditional directional distance functions in a sample of 91 countries over 1970–2011. The overall results reveal that the effect of financial development on countries’ prod...
| Main Authors: | Mallick, Sushanta, Matousek, Roman, Tzeremes, Nickolaos G. |
|---|---|
| Format: | Article |
| Published: |
Elsevier
2016
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/51663/ |
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