Financial integration in Europe should affect the competition between markets and intermediaries and generate a convergence of both interest rates and margins among the different countries. This paper analyses the evolution of the convergence in interest rates and the level of competition and...

This paper analyses the impact of transport infrastructures on the economic growth of both regions and sectors, distinguishing among modes of transport. It also attempts to capture the spillover effects or network effects associated with transport infrastructures. Two different methodologies are...

The aim of this paper is to analyse the role of public capital, the types of infrastructures in which it is invested, and their territorial distribution in the gains in productivity of the private sector in the Spanish regions in the period 1964-1991 using panel data techniques to control for...

The aim of this study is to analyze labor productivity convergence in the countries of the OECD over the period 1965-90. A non-parametric frontier approach is used to calculate the Malmquist productivity index. By breaking it down, the contribution to the growth of labor productivity of...

The aim of this paper is to analyse the effect of automatic teller machines on the productivity, costs and profitability of the Spanish savings banks. After describing the importance of ATM in the Spanish payment system, the paper analyses the effects of ATM on the savings banks sector using...

In the last years, the increase in the level of competition, the reduction of margins, the phenomenon of banking disintermediation, etc. have affected the bank´s income structure, increasing the importance of non-interest income. This paper examines the impact of past and current developments...

The analysis of bank accounting ratios as indicators of competitiveness has been complemented and occasionally revised by the increasing use of more sophisticated indices ofefficiency. In recent years, over a hundred studies have analysed the efficiency of financial institutions, concentrating...

Over the last decade, the Spanish banking sector has undergone a radical structural change. The old bank statu quo has broken down due both to the impact of technical change and to a strong deregulation process, that has given way to a much freer and competitive economic environment. Similarly,...

This paper analyzes the relationship between market structure and performance within the Spanish banking industry. Three different stochastic measures of efficiency are used (based on three alternative distributional assumptions for inefficiency: half-normal, normal-truncated and exponential)....

The aim of this paper is to analyze the convergence of labor productivity in the Spanish regions over the period 1964-9 1. A nonparametric approach is used to compute Malmquist productivity indexes. Through their decomposition, we calculate the contribution of technical progress, changes in...