This Working Paper gives insights into the concepts of productivity and efficiency. Both conceptsare popular measures for evaluating productive units, either on macro or micro level.This paper provides clear definitions for both concepts and outlines key areas of interest inthis context, such as...

Most previous research on efficiency in banking takes a regulatory perspective. In contrast,this paper investigates the empirical relation between efficiency and profitability in five largeeconomies of the European Union during the period 1998-2005 and discusses the results fromthe perspective...

The emergence of e-commerce leads to a fundamental change for the financialindustry. The transition into a digital economy produces numerous newopportunities as well as great risks. B2B e-commerce in particular is considered apromising field for the future. As B2B is very closely related to...