identifies areas where scope for savings or efficiency gains exist based on an evaluation of the level and efficiency of public … efficiency frontiers. Reforming social protection, health, education, and civil service, and rationalizing tax expenditures …

This paper examines shareholder value drivers in European banking focusing on the efficiency and productivity features … of individual banks. In particular, we analyse the value relevance of bank cost efficiency and total factor productivity … (TFP) (in all its components, including technological change, pure technical efficiency change and scale efficiency change …