Arbeitspapier
Efficiency, Inefficiency and the MENA Frontier
In a stochastic frontier setting, we examine technical efficiency in the Middle East and North Africa (MENA). Evidence suggests that in addition to economic indicators, political and social ones play a key role in development and frontier technical efficiency profiles. The MENA have been characterized by increasing economic efficiency over time but with marked polarization. The paper analyses and nest many key hypotheses in the literature e.g., the contributions of religion, of natural resources, demographic pressures, human capital etc. The originality of our contribution is the use of a large data set (including principal components), and extensive robustness checks. The paper should set a comprehensive benchmark and cross check for related studies of development technical efficiency.
- ISBN
-
978-92-899-1497-0
- Sprache
-
Englisch
- Erschienen in
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Series: ECB Working Paper ; No. 1757
- Klassifikation
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Wirtschaft
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Multiple or Simultaneous Equation Models: Classification Methods; Cluster Analysis; Principal Components; Factor Models
Large Data Sets: Modeling and Analysis
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Macroeconomics: Production
Macroeconomic Analyses of Economic Development
- Thema
-
development
frontier efficiency
MENA
stochastic frontier
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Christopoulos, Dimitris
McAdam, Peter
- Ereignis
-
Veröffentlichung
- (wer)
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European Central Bank (ECB)
- (wo)
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Frankfurt a. M.
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Christopoulos, Dimitris
- McAdam, Peter
- European Central Bank (ECB)
Entstanden
- 2015