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 …