• Medientyp: E-Book; Bericht
  • Titel: Is there a single frontier in a single European banking market?
  • Beteiligte: Bos, Jaap W. B. [VerfasserIn]; Schmiedel, Heiko [VerfasserIn]
  • Erschienen: Frankfurt a. M.: European Central Bank (ECB), 2006
  • Sprache: Englisch
  • Schlagwörter: meta-frontiers ; Finanzmarkt ; EU-Binnenmarkt ; technology gap ratios ; X-Effizienz ; L22 ; X-efficiency ; EU-Staaten ; L23 ; banking ; L11 ; stochastic frontiers ; G21
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  • Beschreibung: This paper attempts to estimate comparable efficiency scores for European banks operating in the Single Market in the EU. Using a data set of more than 5000 large commercial banks from all major European banking markets over the period 1993-2004, the application of meta-frontiers enables us to assess the existence of a single and integrated European banking market. We find evidence in favor of a single European banking market characterized by cost and profit meta-frontiers. However, compared to the meta-frontier estimations, pooled frontier estimations tend to underestimate efficiency levels and correlate poorly with country-specific frontier efficiency ranks.
  • Zugangsstatus: Freier Zugang