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function with a timevariable stochastic efficiency term we show that positive scale and scope effects from a merger arise only … efficiency as the acquiring firms. For the post-merger phase, our empirical results provide no evidence for efficiency gains from …
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This paper investigates the size-efficiency relation of European cooperative banks during the 2006-2015 period. We … cooperative banks from 12 European countries. This work extends the existing literature by focusing on shape of size-efficiency … European cooperative banks are significantly more cost efficient than their bigger peers and that the size-efficiency relation …
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An ongoing debate in the literature on efficiency of higher education institutions concerns the indicator for research …. We show that there is a high correlation of efficiency values between the estimations using these indicators; however …
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The inefficiency of health care provision presents a major health policy concern in Germany. In order to address the … issue of efficiency comprehensively - i.e. at the level of the entire system of health care provision rather than individual … subject to spatial dependence, rendering any analysis biased that aims at identifying the determinants of efficiency …
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