| Author: | Cavallo, L. Rossi, S. P. S. |
| Title: | Scale and scope economies in the European banking systems |
| Journal: | Journal of Multinational Financial Management
2001 : OCT-DEC, VOL. 11:4-5, p. 515-531 |
| Index terms: | BANKING COST EFFECTIVENESS ECONOMIES OF SCALE EUROPE |
| Language: | eng |
| Abstract: | The increasing competition induced by the European integration is leading to an intense process of consolidation among European banks, very similar to that, which occurred in the US banking industry in the 1980s. In this paper, the authors test if cost improvements in output efficiency are likely to emerge from the ongoing process and to derive some implications for the future market structure. |
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