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the performance of operators through a study of their financial indicators and a non-parametric efficiency analysis. The … information sources include two Bank of Italy surveys carried out in 2007 on local public water authorities and local water … risk-free interest rate. The non-parametric efficiency analysis does not reveal significant economies of scope and …
Persistent link: https://www.econbiz.de/10005113689
. In the long run efficiency gains dominate over the market power effect, leading to more favorable prices for consumers. …
Persistent link: https://www.econbiz.de/10005113523
efficiency conditions; however, more studies are needed to investigate the topic within the context of ï …
Persistent link: https://www.econbiz.de/10005113547
an unprecedented wave of consolidation. A growing body of empirical literature has attempted to measure the efficiency … mergers yield economies of scope or gains in managerial efficiency. …
Persistent link: https://www.econbiz.de/10005770770
crucial to fostering long-term growth. In this paper we study the determinants of public service efficiency (PSE) and in …
Persistent link: https://www.econbiz.de/10008835080
This paper provides a survey of a number of studies conducted in recent years, above all at the Bank of Italy, aiming … at assessing the quality and the efficiency of public services in Italy. We consider services provided by the central … other countries and there are large regional differences in terms of both quality and efficiency, regardless of the level of …
Persistent link: https://www.econbiz.de/10008835087
This paper studies the identification and estimation of treatment response with heterogeneous spillovers in a network model. We generalize the standard linear-in-means model to allow for multiple groups with between and within-group interactions. We provide a set of identification conditions of...
Persistent link: https://www.econbiz.de/10011099681
This paper analyzes the effect of information technologies (IT) in the financial sector using micro-data on a panel of over 600 Italian banks over the period 1989-2000. We estimate stochastic cost and profit functions allowing for individual banks� displacements from the efficient frontier...
Persistent link: https://www.econbiz.de/10005467298
Consolidation in the banking industry of many countries has reduced the number of small banks and led to significant shifts in market shares; deregulation has fostered entry in local credit markets and branch expansion, which in turn have increased competition. Small businesses are believed to...
Persistent link: https://www.econbiz.de/10005111563