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Persistent link: https://www.econbiz.de/10008480678
estimate CE and PE of German banks between 1993 and 2003. Our main findings are threefold. First, after accounting for … systematic differences across banks, mean CE is sensitive to alternative input prices. Second, distortions of mean PE due to … traditional input prices are small. Third, across CE models small cooperative banks located in large western states are identified …
Persistent link: https://www.econbiz.de/10005059002
Cost inefficiency of banks in many countries is quite high. Financial sector reforms in India are also aimed at … improving efficiency, productivity and profitability of banks via increased competitiveness. An assessment based on a fairly … general framework in the Indian context has found that cost inefficiency of domestic banks in the post-reforms period is not …
Persistent link: https://www.econbiz.de/10010772795
This paper considers cost and profit efficiency for Australian banks between 1995 and 2002. Data Envelopment Analysis … (DEA) is used to construct an efficient frontier for ten banks listed on the Australian Stock Exchange. Empirical results … indicate the major banks have improved their cost and profit efficiency, while the regional banks have experienced little …
Persistent link: https://www.econbiz.de/10005392566
The aim of this paper is to investigate the impact of banks’ sovereign debt exposures on the financial development of … Turkey. Results of the bounds test reveal a long-run and negative equilibrium relationship between banks’ domestic claims on …
Persistent link: https://www.econbiz.de/10010900405
Persistent link: https://www.econbiz.de/10008857793
Persistent link: https://www.econbiz.de/10011716964
Gute Klimapolitik muss kosteneffizient sein. Konkret bedeutet das, dass sie Unterschiede bei den Vermeidungskosten ausnutzen muss und dass sie die Vermeidung von Schadstoffen dorthin verlagern muss, wo die Kosten minimal sind. Der Emissionshandel ist ein ideales Instrument dafür. Er erlaubt...
Persistent link: https://www.econbiz.de/10011755034
German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous … CE levels above the average of non-merging banks. Second, banks must exhibit CE changes between merger and evaluation … year above efficiency changes of non-merging banks. We employ this taxonomy to characterise (successful) mergers in terms …
Persistent link: https://www.econbiz.de/10010295905
In this paper we use a simple bureaucracy model of fiscal illusion to analyze the impact of intergovernmental grants on the cost efficiency of local jurisdictions. We find that a higher degree of redistribution within a system of fiscal equalization or an increase in the amount of grants...
Persistent link: https://www.econbiz.de/10010298062