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The Luenberger indicator and productivity growth: A note on the European savings banks sector

[Zeitschriftenartikel]

Williams, Jonathan
Peypoch, Nicolas
Barros, Carlos Pestana

Abstract

We employ the Luenberger productivity indicator to estimate productivity growth and its decomposition into technical change and efficiency change components for savings banks sectors in ten EU countries between 1996 and 2003. The Luenberger indicator requires less restrictive assumptions than standa... mehr

We employ the Luenberger productivity indicator to estimate productivity growth and its decomposition into technical change and efficiency change components for savings banks sectors in ten EU countries between 1996 and 2003. The Luenberger indicator requires less restrictive assumptions than standard non-parametric productivity indexes, and it allows the assumption of profit maximisation to be made for sample firms. We estimate average productivity growth in the savings banks sector to be 2.78 percent per annum and driven almost entirely by technical change. Whilst the general results confirm earlier findings, this study is one of the earliest to identify cross-border differences in productivity growth in the savings banks sector.... weniger

Klassifikation
Volkswirtschaftstheorie
Wirtschaftssektoren

Sprache Dokument
Englisch

Publikationsjahr
2009

Seitenangabe
S. 747-755

Zeitschriftentitel
Applied Economics, 43 (2009) 6

DOI
https://doi.org/10.1080/00036840802599859

ISSN
1466-4283

Status
Postprint; begutachtet (peer reviewed)

Lizenz
PEER Licence Agreement (applicable only to documents from PEER project)


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.