The paper examines efficiency, productivity and scale economies in the U.S. property-liability insurance industry … and insurance groups were more likely to achieve efficiency and productivity gains. Higher technology investment is …. Productivity change is analyzed using Malmquist indices, and efficiency is estimated using data envelopment analysis. The results …

This paper investigates the consistency of efficiency frontier methods on European banking samples. We measure the cost … efficiency of banks from five European countries (France, Germany, Italy, Spain, Switzerland) with three approaches: stochastic …

efficiency. We show how the admissible price set can be restricted to account for prior information on prices. These restrictions … unit. While the resulting efficiency tests cannot always be cast into linear programming problems, we discuss various …

This paper examines the banking efficiency in a pre- and post-liberalization environment by drawing on the Turkish … experience by using DEA. The paper also investigates the scale effect on efficiency. Our findings suggest that liberalization … programs were followed by an observable decline in efficiency. Another finding of the study is that the Turkish banking system …