Efficiency and scale economies in banking in new EU countries

International Journal of Monetary Economics and Finance

Volumn 1, Issue 3, 2008, Pages 235-249

  Matousek, Roman ^a  

^a LONDON METROPOLITAN UNIVERSITY   (United Kingdom)

Author keywords

banks; cost efficiency; transition economies

Indexed keywords

EID: 84866481335     PISSN: 17520479     EISSN: 17520487     Source Type: Journal    
DOI: 10.1504/IJMEF.2008.020633     Document Type: Article

References (31)

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29. The following countries are included in the analysis: Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Slovakia and Slovenia.
30. The term X-efficiency was first coined by Leibenstein (1966).
31. In this specification, there is no need to impose a priori restrictions on the substitution elasticities as in the Cobb-Douglas specification, where the substitution elasticities between inputs are all equal to one.