This paper investigates the size-efficiency relation of European cooperative banks during the 2006-2015 period. We … cooperative banks from 12 European countries. This work extends the existing literature by focusing on shape of size-efficiency … European cooperative banks are significantly more cost efficient than their bigger peers and that the size-efficiency relation …

increases in service frequency reduce road traffic externalities. We exploit differences in service frequency growth by …

increases in service frequency reduce road traffic externalities. We exploit differences in service frequency growth by …

positive externalities. Without subsidization, so the story reads, there would be an underinvestment in higher education. This … paper shortly reviews theoretical arguments as well as empirical evidence on externalities. It is found that evidence on … positive externalities is quite limited. What is more, evidence on negative externalities of higher education has been mainly …

a sample of 1021 municipalities in the state of Baden-Württemberg). First, we consider local government cost efficiency …. This indicates that there is a substantial divergence in efficiency despite a homogeneous institutional setting, leaving at …