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International Benchmarking for Country Economic Diagnostics : A Stochastic Frontier Approach (English)

This paper discusses and illustrates the analytical foundations of international comparisons (or benchmarking) for assessing a country's potential for improvement along various dimensions of social and economic development. By providing a methodology for international benchmarking, discussing various alternatives and choices, and presenting a cross-country illustration, the paper can help practitioners be less arbitrary and more systematic in their...
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Kumbhakar,Subal C.; Loayza,Norman V.; Norambuena,Vivian.

International Benchmarking for Country Economic Diagnostics : A Stochastic Frontier Approach (English). Policy Research working paper|no. WPS 9304 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/369581593438524015

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