In this article, using the data of 2008, we try to describe the impact of scale and product differentiation in 282 European banks. While evidence of the economies of scale is less clear, the results obtained using a translogarithmic function system show that significant economies of scope do exist even for new banking products like derivatives.
Economies of scale and scope in the European banking sector / G. Goisis, M.L. Giorgetti, P. Parravicini, F. Salsano, G. Tagliabue. - In: INTERNATIONAL REVIEW OF ECONOMICS. - ISSN 1865-1704. - 56:3(2009 Sep), pp. 227-242. [10.1007/s12232-009-0073-x]
Economies of scale and scope in the European banking sector
G. GoisisPrimo
;M.L. GiorgettiSecondo
;P. Parravicini;F. SalsanoPenultimo
;G. TagliabueUltimo
2009
Abstract
In this article, using the data of 2008, we try to describe the impact of scale and product differentiation in 282 European banks. While evidence of the economies of scale is less clear, the results obtained using a translogarithmic function system show that significant economies of scope do exist even for new banking products like derivatives.
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