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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
. 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