Cost efficiency of Italian Commercial Banks: \na Stochastic Frontier analysis
Year: 2007
Type: other
Abstract: During 90’s, the Italian banking system faced a new competitive environment both \nwidening the dimensional scale and pursuing a rationalization process. Some insights could \nbe drawn through efficiency analysis by estimation of a stochastic cost frontier for the \nperiod 1993-2004. Benchmark analysis not only highlights the contribution of the main \nfactors that affect efficiency, but also allows evaluation of efficiency dynamics through \ntime, determining the presence of technical progress and scale economies. However, such \nmeasure is significant if the sample of firms is homogeneous hence, accounting for \nheterogeneity of the units involved is then a goal of our analysis
Author: VITALI, LUCA
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2180612677