Embedded Files
Editorial Boards
2017-:Associate Editor of ECONOMIC MODELLING, Elsevier BV [link]
2019-:Editorial Board Member of TOURISM ECONOMICS, SAGE Publications Ltd [link]
2022-:Associate Editor of INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, John Wiley & Sons Ltd [link]
2023-:Associate Editor of STUDIES IN MICROECONOMICS, SAGE Publications Ltd [link]
2024-:Associate Editor of ECONOMIC ANALYSIS & POLICY, Elsevier BV [link]
2024-:Associate Editor of JOURNAL OF ECONOMIC SURVEYS, John Wiley & Sons Ltd [link]
Academic Appointments
2021-: (Full) Professor of Microeconomic Analysis, Department of Economics, University of Thessaly, Volos, Greece.
2017-2021: Associate Professor of Economic Analysis, Department of Economics, University of Thessaly, Volos, Greece.
2013-2017: Assistant Professor of Economic Analysis, Department of Economics, University of Thessaly, Volos, Greece.
2009-2013: Lecturer of Economic Analysis, Department of Economics, University of Thessaly, Volos, Greece.
Teaching
Microeconomic Analysis, Multinational Enterprises, Total Quality Management, Efficiency and Productivity Measurement
PhD supervision
Stavros Kourtzidis (completed , June 2015 ). Thesis title: “Construction and economic applications of two-stage DEA models”[link].
Kleanthis Natsiopoulos (Under supervision, from February 2019). Thesis title: "Computational Statistics and Econometrics: Economic Models and Applications in R-language" [link].
Policy Impact Citations – Cited Paper
"Click on the organization name to download the policy report."
"Click on the word “link” to access the academic paper that was cited."
CESIfo Institute (DE) – Quest for the General Effect Size of Finance on Growth (Jun 2023) → cites “Revisiting the Impact of Financial Depth on Growth: A Semi-Parametric Approach.” [link]
Government of Finland – VALTO: Productivity-Promoting Policy Measures & Business-Sector Dynamics (Oct 2023) → cites “Productivity Efficiency and Firm Size: An Empirical Analysis of Foreign-Owned Companies.” [link]
UN Environment Programme – Inclusive Wealth Report 2023 (Aug 2023) → cites “Does Doing ‘Good’ Always Translate into Doing ‘Well’? An Eco-Efficiency Perspective.” [link]
Fed Reserve Bank of St Louis (US) – International Unconventional Monetary Policy (Jan 2023) → cites “The Effectiveness of Quantitative Easing: Evidence from Japan.” [link]
OECD (IGO) – Pass-Through of the Policy Rate into Lending Rates in Mexico (Dec 2022) → cites “ARDL Bounds Test for Cointegration: Replicating Pesaran et al. (2001) with R.” [link]
World Resources Institute (US) – Energy-Model Integration in Tamil Nadu Planning (Nov 2022) → cites “A Non-Parametric Approach for Evaluating Long-Term Energy Policy Scenarios.” [link]
IFN Sweden – The Entrepreneur in Neo-Schumpeterian Growth Theory (Sep 2022) → cites “Modelling the Effect of Competition on U.S. Manufacturing Sectors’ Efficiency: An Order-m Frontier Analysis.” [link]
Government of Finland – VALTO: Misallocation of Labour & Capital (May 2022) → cites “Productivity Efficiency and Firm Size: An Empirical Analysis of Foreign-Owned Companies.” [link]
UK Parliament – Meaningful ESG Reporting for Net Zero (Apr 2021) → cites “Does Corporate Social Responsibility Impact Firms’ Innovation Capacity?” [link]
Economic Research Forum (EG) – Determinants of Defence Spending in the Gulf Region (Dec 2020) → cites “The Demand for Military Spending in Latin-American Countries.” [link]
IMF (IGO) – Twenty Years of Unconventional Monetary Policies (BoJ) (Nov 2020) → cites “The Effectiveness of Quantitative Easing: Evidence from Japan.” [link]
Joint Research Centre (EU) – AI: Impact on TFP, E-Commerce & Fintech (Nov 2020) → cites “Bank Productivity Growth and Convergence in the EU during the Financial Crisis.” [link]
Publications Office of the EU – AI: Impact on TFP, E-Commerce & Fintech (Nov 2020) → cites “Bank Productivity Growth and Convergence in the EU during the Financial Crisis.” [link]
Fed Reserve Bank of Dallas (US) – MIMIC-Style Model of European Bank Efficiency (May 2020) → cites “Bank Productivity Growth and Convergence in the EU during the Financial Crisis.” [link]
Health Research Board (IE) – Regional Health Organisations: Evidence Review (Aug 2019) → cites “A Conditional Non-Parametric Analysis for Measuring the Efficiency of Regional Healthcare Delivery.” [link]
Ministry of Finance, Greece – Quarterly Bulletin (Dec 2018) → cites “Financial Stability, Competitiveness and Banks’ Innovation Capacity: Evidence from the Global Financial Crisis.” [link]
CESIfo Institute (DE) – Spatial Environmental Policy Spillovers: Wastewater in Mexico (Sep 2018) → cites “Public-Sector Transparency and Countries’ Environmental Performance: A Non-Parametric Analysis.” [link]
European Commission (EESC) – My Region, My Europe, Our Future (7th Cohesion Report) (Oct 2017) → cites “Regional Environmental Performance and Governance Quality: A Non-Parametric Analysis.” [link]
National Council of Slovakia – Final Reports (Oct 2017) → cites “A Unified Classification of Two-Stage DEA Models.” [link]
Recent Participation in International Conferences
Natsiopoulos K, Tzeremes N, (2024). Comparative evaluation of open-source and proprietary software for ARDL, EC models, and bounds test for cointegration. 18th International Joint Conference on Computational and Financial Econometrics (CFE) and Computational and Methodological Statistics (CMStatistics). King's College London, U.K., 14-16 December.
Karagiannis G. Kourtzidis S., Tzeremes NG. (2024). Including a Public Input in the Additive Two-Stage Network DEA Model: The Case of Quantitative Easing in Japan. 33rd European Conference on Operational Research (EURO 2024), Copenhagen, Denmark, 30 June – 3 July.
Karagiannis G. Kourtzidis S., Tzeremes NG. (2024). Decomposition Weights and Stage Efficiencies in the Additive Network DEA Model with Shared Resources. 18th European Workshop on Efficiency and Productivity Analysis (EWEPA XVIII), Faro, Portugal, 18-21 June.
Karagiannis G, Kourtzidis S, Tzeremes NG, Fifield S, (2023). Examination of Decomposition Weights in the Additive Two-Stage Network Data Envelopment Analysis Model: An Application to UK Investment Trusts. The North American Productivity Workshop (NAPW). June 12-15, University of Miami Business School, Miami, USA.
Karagiannis G,Kourtzidis S,Tzeremes NG, (2023). A Generalised Additive Two-Stage Network DEA Model: The Case of an External Single Constant Input. DEA45: International Conference on Data Envelopment Analysis, Surrey Business School, University of Surrey, UK, September 4-6.
Kourtzidis S,Tzeremes NG, (2022). Measuring Banking Performance in a Network DEA context: A General Weight Assurance Region Model. 17th European Workshop on Efficiency and Productivity Analysis (EWEPA XVII), Porto, Portugal, June 27-29.
Kounetas K, Polemis ML, Tzeremes NG (2021). Measurement of eco-efficiency and convergence: Evidence from a non-parametric frontier analysis. The 12th North American Productivity Workshop (NAPW XII Virtual), June 07-11, University of Miami Business School, Miami, USA.
Kourtzidis S,Tzeremes NG, Fifield S, (2020). A general weight assurance region model for fund performance evaluation: An application to UK investments trusts. The 11th North American Productivity Workshop (NAPW XI Virtual), June 8-12. University of Miami Business School, Miami, USA.
Jose Manuel Cordero, Carlos Díaz-Caro, Tzeremes NG, (2019). Assessing the performance of Spanish banks: An application of conditional efficiency measures with unobserved heterogeneity. European Workshop on Efficiency and Productivity Analysis (EWEPA 2019), 10-13 June , London, UK.
Kourtzidis S, Tzeremes NG, (2019). Measuring bank performance using production trade-offs: A network DEA approach. European Workshop on Efficiency and Productivity Analysis (EWEPA 2019), 10-13 June , London, UK.
Kourtzidis S, Matousek R, Tzeremes NG, (2018). Good and Bad outputs in bank performance modelling: A relational network DEA approach. The North American Productivity Workshop (NAPW X), University of Miami, Miami, USA, June 12-15.
He F, Matousek R, Tzeremes NG, (2017). Education and its impact on innovation and performance: Evidence from banking industry. International Finance and Banking Society (IFABS)-Financial Innovation, Stability and Sustainable Growth, University of Nottingham Ningbo China & New York University (NYU), August 31-September 02, Shanghai, China.
Matousek R, Papadamou S, Tzeremes NG, (2017). The transmission of quantitative easing to real economy and the importance of Bank lending channel: Evidence from Regional banks in Japan. International Finance and Banking Society (IFABS)-Towards an Integrated View of Financial Regulation: Key Lessons from the Crisis and Future Challenge, Saïd Business School, University of Oxford, July 15-17, Oxford, UK.
Cordero JM, Diaz-Caro C, Pedraja-Chaparro F. Tzeremes NG, (2017). A conditional directional distance function approach for measuring tax collection efficiency: Evidence from Spanish regional offices. 15th European Workshop on Efficiency and Productivity Analysis (EWEPA XV), 12 - 15 JUNE, 2017, LONDON. Organised by the Centre for Productivity and Performance (CPP) and the School of Business and Economics of Loughborough University, UK.
Degl'Innocenti M, Matousek R, Tzeremes NG, (2016). The impact of financial centres' competitiveness on efficiency and convergence of the worldwide banking system. The North American Productivity Workshop (NAPW IX), Carleton University, june 15-18, Quebec City, Canada.
Mallick S, Matousek R, Rughoo A, Tzeremes NG, (2016). Understanding behavioural differences in the indian banking sector: Efficiency and convergence. International Finance and Banking Society (IFABS)-Risk in Financial Markets and Institutions: New challenges, New solutions. Universitat Autonoma de Barcelona (UAB), Casa Convalescencia, Barcelona, Spain, June 01-03.
Software Component in R
CRAN Package: ARDL [Download] ,
Package Description: Creates complex autoregressive distributed lag (ARDL) models providing just the order and automatically constructs the underlying unrestricted and restricted error correction model (ECM). It also performs the bounds-test for cointegration as described in Pesaran et al. (2001) [doi:10.1002/jae.616] and provides the multipliers and the cointegrating equation.
NEWS!!! The validity and the accuracy of the "ARDL" package have been verified by successfully replicating the results of Pesaran et al. (2001) in Natsiopoulos and Tzeremes (2022) [doi:10.1002/jae.2919]
When use the package please cite as:
(1) Natsiopoulos K, Tzeremes N, (2022). ARDL bounds test for cointegration: Replicating the Pesaran et al. (2001) results for the UK earnings equation using R. JOURNAL OF APPLIED ECONOMETRICS, 37(5), 1079-1090. [link]
*R Codes & Data of the paper [Here]
(2) Natsiopoulos K, Tzeremes N, (2024). ARDL: An R Package for ARDL Models and Cointegration. COMPUTATIONAL ECONOMICS, 64, 1757–1773. [link].
Selected Publications
Cordina R, Kourtzidis SA, Power DA, Tzeremes NG (2025). An analysis of country‑by‑country data for EU banks: An investigation of bank performance and risk. REVIEW OF QUANTITATIVE FINANCE AND ACCOUNTING, https://doi.org/10.1007/s11156-024-01382-1. [link]
Tsiapa M, Tzeremes P, Tzeremes NG (2025). Productivity slowdown and regional productivity heterogeneity. JOURNAL OF PRODUCTIVITY ANALYSIS, 64(1), 23-41. [link]
Fukuyama H, Matousek R, Tzeremes NG (2024). A unified framework for nonperforming loan modeling in bank production: An application of Data Envelopment Analysis, OMEGA , 126, 103063 [link].
Fukuyama H, Matousek R, Tzeremes NG (2024). A material balance approach for modelling banks’ production process with non-performing loans. JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY, 75(9), 1726-1737. [link].
Fukuyama H, Matousek R, Tzeremes NG (2023). Estimating the degree of firms’ input market power via data envelopment analysis: Evidence from the global biotechnology and pharmaceutical industry. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 305, 946-960. [link]
Natsiopoulos K, Tzeremes N, (2022). ARDL bounds test for cointegration: Replicating the Pesaran et al. (2001) results for the UK earnings equation using R. JOURNAL OF APPLIED ECONOMETRICS, 37(5), 1079-1090. [link]
Tsionas M, Tzeremes NG (2022). The Degree of Internationalization and Firm Productivity: Empirical evidence from large multinationals. BRITISH JOURNAL OF MANAGEMENT, 33, 1969-1990. [link]
Fukuyama H, Matousek R, Tzeremes NG (2022). Minimum distance efficiency measure in bank production: A directional slack inefficiency approach. JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY, 73(8), 1742-1754. [link]
Tsionas M, Tzeremes NG (2022). Eco-efficiency estimation with quantile stochastic frontiers: Evidence from the United States. JOURNAL OF ENVIRONMENTAL MANAGEMENT, 320, 115876. [link]
Fukuyama H, Matousek R, Tzeremes NG (2022). Bank production with nonperforming loans: A minimum distance directional slack inefficiency approach. OMEGA, 113, 102706. [link]
Kourtzidis SA, Matousek R, Tzeremes NG (2021). Modelling a multi-period production process: Evidence from the Japanese regional banks. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 294, 327-339. [link]
Polemis ML, Stengos T, Tzeremes P, Tzeremes NG (2021). Quantile eco-efficiency estimation and convergence: A nonparametric frontier approach. ECONOMICS LETTERS, 202, 109813. [link]
Kounetas K, Polemis ML, Tzeremes NG (2021). Measurement of eco-efficiency and convergence: Evidence from a non-parametric frontier analysis. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 291(1), 365-378. [link]
Polemis ML, Stengos T, Tzeremes NG (2020). Modeling the effect of competition on US manufacturing sectors' efficiency: An Order-m frontier analysis. JOURNAL OF PRODUCTIVITY ANALYSIS, 54, 27-41. [link]
Cordero JM, Polo C, Tzeremes NG (2020). Evaluating the efficiency of municipalities in the presence of unobserved heterogeneity. JOURNAL OF PRODUCTIVITY ANALYSIS, 53(3), 377-390.[link]
Fukuyama H, Matousek R, Tzeremes NG (2020). A Nerlovian cost inefficiency two-stage DEA model for modelling banks’ production process: evidence from the Turkish banking system. OMEGA, 95, 102198. [link]
Polemis ML, Stengos T, Tzeremes NG (2020). Advertising expenses and operational performance: Evidence from the global hotel industry. ECONOMICS LETTERS, 192, 109220. [link]
Grant K, Matousek R, Meyer M, Tzeremes NG (2020). Research and development spending and technical efficiency: Evidence from biotechnology and pharmaceutical sector. INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH, 58(20), 6170-6184. [link]
Broadstock D, Matousek R, Meyer M, Tzeremes NG (2020). Does Corporate social responsibility impact firms' innovation capacity? The indirect link between environmental & social governance implementation and innovation performance. JOURNAL OF BUSINESS RESEARCH, 119, 99-110. [link]
Tzeremes NG (2019). Technological change, technological catch-up and export orientation: Evidence from Latin American Countries. JOURNAL OF PRODUCTIVITY ANALYSIS, 52(1-3), 85-100. [link]
Matousek R, Papadamou S, Sevic A, Tzeremes NG (2019). The effectiveness of quantitative easing: Evidence from Japan. JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 99, 102068. [link].
Degl'Innocenti M, Matousek R, Tzeremes NG (2019). The Interconnections of academic research and universities' "third mission": Evidence from the UK. RESEARCH POLICY, 48(9) 103793. [link]
Polemis M, Tzeremes NG (2019). Competitive conditions and sectors’ productive efficiency: A conditional non-parametric frontier analysis. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 276(3), 1104-1118. [link]
Kourtzidis SA, Matousek R, Tzeremes NG (2019). Productivity Growth in Network Models: An Application to Banking during the financial crisis. JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY, 70, 111-124. [link]
Degl'Innocenti M, Matousek R, Tzeremes NG (2018). Financial centres’ competitiveness and economic convergence: Evidence from the EU regions. ENVIRONMENT AND PLANNING A, 50(1), 133-156. [link]
Grant K, Matousek R, Meyer M, Tzeremes NG (2017). A research note on multinationality and firm performance: nonparametric frontier analysis. INTERNATIONAL JOURNAL OF OPERATIONS AND PRODUCTION MANAGEMENT, 37(10), 1408-1424. [link]
Kevork I, Pange J, Tzeremes P, Tzeremes NG (2017). Estimating malmquist productivity indexes using probabilistic directional distances: An application to the European banking sector. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 261(3), 1125-1140 . [link]
Degl'Innocenti M, Kourtzidis SA, Sevic Z, Tzeremes NG (2017). Bank productivity growth and convergence in the European Union during the financial crisis. JOURNAL OF BANKING AND FINANCE, 75, 184-199. [link].
Mallick S, Matousek R, Tzeremes NG (2016). Financial development and productive inefficiency: A robust conditional directional distance function approach. ECONOMICS LETTERS, 145, 196-201. [link]
Matousek R, Tzeremes NG (2016). CEO compensation and bank efficiency: An application of conditional nonparametric frontiers. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 251(1), 264-273. [link]
Halkos GE, Tzeremes, NG, Kourtzidis, S. A. (2015). Weight assurance region in two-stage additive efficiency decomposition DEA model: an application to school data. JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY, 66(4), 696-704. [link]
Tzeremes NG (2015). Efficiency dynamics in Indian banking: A conditional directional distance approach. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 240(3), 807-818. [link]
Tzeremes NG (2014). The effect of human capital on countries' economic efficiency. ECONOMICS LETTERS, 124(1), 127-131. [link]
Halkos GE, Tzeremes NG (2013). Economic growth and environmental efficiency: Evidence from US regions. ECONOMICS LETTERS, 120(1), 48-52. [link]
Halkos GE, Tzeremes NG (2013). A conditional directional distance function approach for measuring regional environmental efficiency: Evidence from UK regions. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 227(1), 182-189. [link]
Halkos GE, Tzeremes NG (2013). Estimating the degree of operating efficiency gains from a potential bank merger and acquisition: A DEA bootstrapped approach. JOURNAL OF BANKING AND FINANCE, 37(5), 1658-1668. [link]
ΙΣ ΧΣ ΝΙ ΚΑ
Χ Χ Χ Χ
Τ Σ Δ Φ
Ε Ε Ε Ε
Ρ Ρ Δ Ρ
Θ Θ Θ Θ
Φ Χ Φ Π
Τ Κ Π Γ
Ἄξιόν ἐστιν ὡς ἀληθῶς, μακαρίζειν σε τὴν Θεοτόκον, τὴν ἀειμακάριστον καὶ παναμώμητον, καὶ Μητέρα τοῦ Θεοῦ ἡμῶν. Τὴν τιμιωτέραν τῶν Χερουβείμ, καὶ ἐνδοξοτέραν ἀσυγκρίτως τῶν Σεραφείμ, τὴν ἀδιαφθόρως, Θεὸν Λόγον τεκοῦσαν, τὴν ὄντως Θεοτόκον σὲ μεγαλύνομεν.
Page updated
Google Sites
Report abuse