Bank competition efficiency in Europe: A frontier approach

Journal of Banking and Finance

Volumn 34, Issue 8, 2010, Pages 1808-1817

  Bolt, Wilko ^a   Humphrey, David ^b  

^a DE NEDERLANDSCHE BANK   (Netherlands)

^b FLORIDA STATE UNIVERSITY   (United States)

Author keywords

Bank competition; European banks; Frontier analysis

Indexed keywords

EID: 77953535382     PISSN: 03784266     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbankfin.2009.09.019     Document Type: Article

References (24)

1. Bauer P., Berger A., Ferrier G., Humphrey D. Consistency conditions for regulatory analysis of financial institutions: A comparison of frontier efficiency methods. Journal of Economics and Business 1998, 50:85-114.
2. Beijnen C., Bolt W. Size matters: Economies of scale in European payments processing. Journal of Banking and Finance 2009, 33:203-210.
3. Berger A. 'Distribution free' estimates of efficiency in the US banking industry and tests of the standard distributional assumptions. Journal of Productivity Analysis 1993, 4:261-292.
4. Berger A., Humphrey D. Efficiency of financial institutions: International survey and directions for future research. European Journal of Operational Research 1997, 98:175-212.
5. Berger A., Mester L. Inside the black box: What explains differences in the efficiencies of financial institutions. Journal of Banking and Finance 1997, 21:895-947.
6. Bikker, J., Spierdijk, L., Finnie, P., 2007. The impact of market structure, contestability and institutional environment on banking competition. Working Paper, De Nederlandsche Bank.
7. Bolt, W., Humphrey, D., 2008. Bank competition efficiency in Europe: A frontier approach. Working Paper, Florida State University.
8. Bolt W., Humphrey D. Payment network scale economies, SEPA, and cash replacement. Review of Network Economics 2007, 6:453-473.
9. Bolt W., Humphrey D., Uittenbogaard R. Transaction pricing and the adoption of electronic payments: A cross-country comparison. International Journal of Central Banking 2007, 4:89-123.
10. Boone J. A new way to measure competition. Economic Journal 2008, 118:1245-1261.
11. Boone J. Competition: Theoretical parameterizations and empirical measures. Journal of Institutional and Theoretical Economics 2008, 164:587-611.
12. Carbó S., Humphrey D., Lopez del Paso R. Opening the black box: Finding the source of cost inefficiency. Journal of Productivity Analysis 2007, 27:209-220.
13. Carbó S., Humphrey D., Maudos J., Molyneux P. Cross-country comparisons of competition and pricing power in European banking. Journal of International Money and Finance 2009, 28:115-134.
14. Covosier S., Gropp R. Bank concentration and retail interest rates. Journal of Banking and Finance 2002, 26:2155-2189.
15. Delis M., Tsionas E. The joint estimation of bank-level market power and efficiency. Journal of Banking and Finance 2009, 33:1842-1850.
16. Degryse H., Ongena S. Competition and regulation in the banking sector: A review of the empirical evidence on the sources of bank rents. Handbook of Financial Intermediation and Banking 2008, Elsevier, Amsterdam. A. Thakor, A. Boot (Eds.).
17. Enge A., Øwre G. A retrospective on the introduction of prices in the Norwegian payment system. Norges Bank Economic Bulletin 2006, 77:162-172.
18. European Commission, 2007. Report of the retail banking inquiry. Commission Staff Working Document, SEC 2007, 106, Brussels.
19. Feng G., Serletis A. Efficiency, technical change, and returns to scale in large US banks: Panel data evidence from an output distance function satisfying theoretical regularity. Journal of Banking and Finance 2009, 34:127-138.
20. Frei F., Harker P., Hunter L. Inside the black box: What makes a bank efficient?. Performance of Financial Institutions: Efficiency, Innovation, Regulation 2000, Cambridge University Press, Cambridge. P. Harker, S. Zenios (Eds.).
21. Lepetit L., Nys E., Rous P., Tarazi A. The expansion of services in European banking: Implications for loan pricing and interest margins. Journal of Banking and Finance 2008, 32:2325-2335.
22. Lozano-Vivas A., Humphrey D. Bias in Malmquist index and cost function productivity measurement in banking. International Journal of Production Economics 2002, 76:177-188.
23. Northcott, C., 2004. Competition in banking: A review of the literature. Working Paper, Bank of Canada.
24. Panzar J., Rosse J. Testing for 'monopoly' equilibrium. Journal of Industrial Economics 1987, 35:443-456.