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This paper estimates economies of scale and scope for banks within the Eurozone between 2002 and 2011 and attempts to uncover the sources of those economies of scale and scope. Economies of scale are found to be positive and significant for all years and at all asset levels. When implicit...
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The EU has been promoting unbundling of the transmission grid from other stages of the electricity supply chain with the aim of fostering competition in the upstream stage of electricity generation. At presence, ownership unbundling is the predominant form of unbundling in Europe. However, the...
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