Avramidis, P., Asimakopoulos, I., Malliaropulos, D., & Travlos, N. G. (2021). Do Banks Appraise Internal Capital Markets during Credit Shocks? Evidence from the Greek Crisis. Journal of Financial Intermediation, 45, Article ID: 100855.
https://doi.org/10.1016/j.jfi.2020.100855

has been cited by the following article:

• TITLE: Whither Greece? Productivity before and after the Subprime Crisis

  AUTHORS: Mike G. Tsionas, Mara E. Vidali, George N. Leledakis, Anastasios E. Tasiopoulos

  KEYWORDS: Productivity Growth, Production Functions, Stochastic Frontiers

  JOURNAL NAME: Theoretical Economics Letters, Vol.13 No.7, December 29, 2023

  ABSTRACT: This paper employs a stochastic production frontier model with time-varying inefficiency to assess the performance and productivity growth of 9054 Greek firms from 1996 to 2017. Various forms of capital are incorporated, extending beyond physical capital and labor, to estimate productivity growth and disentangle its components. Our results indicate that, despite a significant decrease in productivity growth after 2007, it remains positive on average, albeit with notable variations among firms. These findings offer valuable insights to inform future policy decisions in Greece, which may have implications for other nations as well.