Research Article

Productivity of Nations: A Stochastic Frontier Approach to TFP Decomposition

Figure 4

Governance, financial liberalization and allocative efficiency. Sources: Kaufmann et al. [24] for the governance index; Santana and Garcia [25] for openness index; and own estimations of allocative efficiency.
584869.fig.004a
(a)
584869.fig.004b
(b)