Explaining Efficiency Differences Among Large German and Austrian Banks / David Hauner.

Format:

Book

Government document

Author/Creator:

Hauner, David.

Series:

IMF Working Papers; Working Paper ; No. 2004/140

IMF Working Papers

Language:

English

Subjects (All):

Banks and banking--Germany.

Banks and banking.

Banks and banking--Austria.

Physical Description:

1 online resource (24 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2004.

Language Note:

English

Summary:

Cost-efficiency, scale efficiency, and productivity change are estimated by data envelopment analysis; and cost-efficiency is regressed on explanatory variables. No evidence is found for average productivity responding to deregulation over the period studied. State-owned banks are found to be more cost-efficient (likely owing to cheaper funds) and cooperative banks to be about as cost-efficient as private banks. Increasing economies of scale but decreasing economies of scope provide rationale for M&As among banks with similar product portfolios. Interbank and capital market funding is found to be more cost-efficient than deposits when the cost of retail networks is controlled for.

Contents:

""Contents""; ""I. INTRODUCTION""; ""II. OVERVIEW OF SELECTED PRIOR STUDIES""; ""III. METHODOLOGY""; ""IV. MODEL AND DATA""; ""V. DATA ENVELOPMENT ANALYSIS (DEA) RESULTS""; ""VI. EXPLAINING DIFFERENCES IN COST-EFFICIENCY""; ""VII. CONCLUSIONS""; ""REFERENCES""

Notes:

Description based upon print version of record.

Includes bibliographical references.

Description based on online resource; title from PDF cover (ebrary, viewed July 3, 2015).

ISBN:

9786613803535

9781462308521

146230852X

9781452759296

1452759294

9781282110649

1282110640

9781451901313

1451901313