Performance and risk in the Brazilian banking industry.

This paper assesses the technical performance of Brazilian banks while accounting for risk, which is considered as an undesirable outcome of banking. To this end, frontier techniques based on Data Envelopment Analysis and directional distance functions are applied to a sample of 124 banks and data for the six-year period 2014-19. Our main finding is that the Brazilian banking industry could notably increase its production of conventional outputs without additional input usage and while maintaining the same levels of risk.

Performance in the treatment of municipal waste: Are European Union member states so different?

Efficient management and treatment of municipal waste is essential for achieving green growth. Recent studies have revealed convergence in European Union (EU) member states' performance in municipal waste treatment, particularly since the transposition of the 2008 European Waste Framework Directive into national laws. However, there are still notable differences between countries.

Environmental productivity in the European Union: A global Luenberger-metafrontier approach.

This paper studies environmental productivity in the European Union-28 (EU-28) by extending the methodology proposed by Oh (2010) to an additive Luenberger-metafrontier framework. The main advantage of this approach is that it allows the analyst to account for cross-country heterogeneity. Using data on GDP, environmental pressures and inputs, the change in environmental productivity and its determinants between the years 2001 and 2016 is assessed in several scenarios; heterogeneity is accounted for by differentiating between the members of the former European Union-15 (EU-15) and the new members that joined the EU-28 from the 2000s onwards.

Performance and convergence in municipal waste treatment in the European Union.

This paper assesses performance and convergence in the treatment of municipal waste by the members of the European Union-27 (EU-27) during the period 1995-2016. First, a composite indicator of performance -including landfill, incineration, recycling, and composting and digestion as treatment operations- is computed with Data Envelopment Analysis and Multi-Criteria-Decision-Making techniques at country and year levels. Then, convergence is assessed using the techniques proposed by Phillips and Sul (2007, 2009) and, more recently, by Kong et al.

Assessing farming eco-efficiency: a Data Envelopment Analysis approach.

This paper assesses farming eco-efficiency using Data Envelopment Analysis (DEA) techniques. Eco-efficiency scores at both farm and environmental pressure-specific levels are computed for a sample of Spanish farmers operating in the rain-fed agricultural system of Campos County. The determinants of eco-efficiency are then studied using truncated regression and bootstrapping techniques.

Environmental externalities and efficiency measurement.

Production of desirable outputs often produces by-products that have harmful effects on the environment. This paper investigates technologies where the biggest good output producer is not the greatest polluter, i.e.