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Technical Change in the European Banking Industry: Methodological Problems and Empirical Results

In: IT and European Bank Performance

Author

Listed:
  • Elena Beccalli

    (London School of Economics
    Università Degli Studi Di Macerata)

Abstract

After analysing in the previous chapter the (contemporaneous and lagged) impact of IT investments on performance in the short-to-medium term, we now proceed to an examination of its effects in the medium-to-long term. More precisely, after confirming the existence of the profitability paradox in the European banking industry in respect of the short term, the next step is to evaluate the impact of technology investments on performance over the medium-to-long term or, in other words, to proceed to measure the so-called “technical change”.

Suggested Citation

  • Elena Beccalli, 2007. "Technical Change in the European Banking Industry: Methodological Problems and Empirical Results," Palgrave Macmillan Studies in Banking and Financial Institutions, in: IT and European Bank Performance, chapter 5, pages 135-153, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-0-230-59198-1_5
    DOI: 10.1057/9780230591981_5
    as

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