Efficiency is considered a key factor when evaluating a bank's performance. Moreover, efficiency enhancement is an … explicit policy objective in the Single Market Directive of the European Commission. But efficiency improvements may come at … of performance in response to efficiency improvements remain often unclear on both theoretical and empirical grounds. We …

presence of increasing returns to scale led to efficiency gains of the firms. -- Insurance markets ; Total factor productivity … markets of the member states aiming at an increased efficiency of the European insurance markets. We analyze to which extent … changes in technical cost and profit efficiency levels since the liberalization, as well as a measurement of technological …

influence on productivity can be compensated by efficiency gains. The findings indicate an increase in real unit labor cost as a …This paper analyzes the productivity development in the German public theater sector for the seasons 1991 …/1992-2005/2006. Using a stochastic distance frontier approach that allows to decompose total factor productivity change into different …

terms of productivity and technical efficiency than universities that did not apply for the program, albeit these dimensions … applicants suffered a drop in efficiency at the time of applying. All this does not rule out, however, that research …-oriented universities jointly gained productivity through increased competition between them. …