Schure, Paul; Wagenvoort, Rien - 1999
This paper investigates the cost efficiency of 1974 credit institutions across 15 European countries over the five … banking industry. However, the saving bank sector may reduce average costs with roughly 6% by choosing an optimal size for its … still exceeded 16% in 1997. -- X-efficiency ; Economies of scale ; European Banking ; Cost Frontier ; Recursive Thick …