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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 …
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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 …
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When considering issues of measuring welfare beyond gross domestic product (GDP), a key ongoing, but unfinished, agenda concerns how to measure the outputs of goods and services which are "free at the point of delivery". Public services such as schools and health services are major examples of...
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