market integration ; deregulation ; total factor productivity ; Italy ; Germany. … directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state … activities have affected banks' productivity in the period 1994-2004, differentiating between technical change, efficiency change …

of individual banks. In particular, we analyse the value relevance of bank cost efficiency and total factor productivity …This paper examines shareholder value drivers in European banking focusing on the efficiency and productivity features …

directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state … activities have affected banks' productivity in the period 1994-2004, differentiating between technical change, efficiency change … and scale economies. We find that privatized banks experienced a significant increase in productivity, especially if they …

on possible causes of productivity change in banking.We demonstrate how the banking sector's service production can be … measured using aggregate financial statement and payment transactions data.We compute banking sector labour productivity … Tornqvist indices for six countries (Finland, Sweden, United Kingdom, Germany, France and Italy) over a period varying from 11 …

directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state … activities have affected banks' productivity in the period 1994-2004, differentiating between technical change, efficiency change … and scale economies. We find that privatized banks experienced a significant increase in productivity, especially if they …