Pruteanu-Podpiera, Anca; Weill, Laurent; Schobert, Franziska - Česká Národní Banka - 2007
. Second, we investigate the relationship and causality between competition and efficiency. We perform a Granger … economies of scale in the banking sector, in this way reducing the cost efficiency of banks. Therefore, our results reject the … intuitive ‘quiet life’ hypothesis and indicate a negative relationship between competition and efficiency in banking. …