, researchersand regulatory agencies assessing the effects of bank mergerson competition will examine the degree to whichdeposits in a …In the view of most policymakers and economists,competition in retail banking takes place in localmarkets covering a …

classified according their relative efficiency, it can be interpreted as an indicator of comparative advantage. Our results … significant loss of efficiency for the economy, such that only 50 out of 125 industries, accounting for 39 percent of the Spanish … the verge of relative efficiency.[...] …

This paper uses a stochastic cost frontier model to investigate the efficiency of Britain’s private railways during the … that private ownership per se is not sufficient to promote efficiency in the railway industry; it should be supported by … competition for franchises and price-capping regulation as in the 1990s.[...] …

at reducing fixed costs of entry (deregulation)and improving the efficiency of financial markets (financial reform …

answer around two proximate determinants: factors of productionand efficiency. It answers the question “how much of the cross …-country income variance canbe attributed to differences in (physical and human) capital, and how much to differencesin the efficiency … current consensus is that efficiency is at leastas important as capital in explaining income differences. I survey the data …

strong competition or effective regulation, managerial failure was common. This sector is an important qualification to the …