During 90’s, the Italian banking system faced a new competitive environment both widening the dimensional scale and pursuing a rationalization process. Some insights could be drawn through efficiency analysis by estimation of a stochastic cost frontier for the period 1993-2004. Benchmark analysis not only highlights the contribution of the main factors that affect efficiency, but also allows evaluation of efficiency dynamics through time, determining the presence of technical progress and scale economies. However, such measure is significant if the sample of firms is homogeneous hence, accounting for heterogeneity of the units involved is then a goal of our analysis.

Fontani, A., & Vitali, L. (2014). Cost Efficiency of Italian Commercial Banks:A Stochastic Frontier Analysis. UNIVERSAL JOURNAL OF INDUSTRIAL AND BUSINESS MANAGEMENT, 2(3), 80-91.

Cost Efficiency of Italian Commercial Banks:A Stochastic Frontier Analysis

VITALI, LUCA
2014

Abstract

During 90’s, the Italian banking system faced a new competitive environment both widening the dimensional scale and pursuing a rationalization process. Some insights could be drawn through efficiency analysis by estimation of a stochastic cost frontier for the period 1993-2004. Benchmark analysis not only highlights the contribution of the main factors that affect efficiency, but also allows evaluation of efficiency dynamics through time, determining the presence of technical progress and scale economies. However, such measure is significant if the sample of firms is homogeneous hence, accounting for heterogeneity of the units involved is then a goal of our analysis.
Pubblicato
Rilevanza internazionale
Articolo
Esperti anonimi
Settore SECS-P/01 - Economia Politica
eng
Senza Impact Factor ISI
Italian banks, Stochastic Frontier, Cost Function, Scale Economies, Technical Progress, Heterogeneity
http://www.hrpub.org/journals/article_info.php?aid=1436
Fontani, A., & Vitali, L. (2014). Cost Efficiency of Italian Commercial Banks:A Stochastic Frontier Analysis. UNIVERSAL JOURNAL OF INDUSTRIAL AND BUSINESS MANAGEMENT, 2(3), 80-91.
Fontani, A; Vitali, L
Articolo su rivista
File in questo prodotto:
File Dimensione Formato  
UJIBM-11601800 revised version.pdf

accesso aperto

Descrizione: Articolo
Dimensione 293 kB
Formato Adobe PDF
293 kB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2108/102804
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact