Fang, Yiwei; Hasan, Iftekhar; Marton, Katherin - Suomen Pankki - 2011
This study examines the cost and profit efficiency of banking sectors in six transition countries of South-Eastern Europe over the period 1998–2008. Using the stochastic frontier approach, our analysis reveals that the average cost efficiency of SEE banks is 68.59% and the average profit...