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La Productividad Del Sistema Bancario Español (1986-1992)

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Author Info
Francisco Pérez García () (Instituto Valenciano de Investigaciones Económicas)
José Manuel Pastor Monsálvez (Instituto Valenciano de Investigaciones Económicas)

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Abstract

The aim of this paper is to analyze the efficiency of the Spanish banking system forthe period since Spain's incorporation into the EC (1986) to the beginning of the Unit Marketin 1993. A new productivity analysis is justified by the deep changes experienced duringthese years in the banking sector as well as by the irnportance of efficiency in a bankingsystem. The study allows us to identify some of the features of the improvement in totalfactor productivity of the Spanish banking firms.Banks' output features and their response to margin reduction process are analyzed.Econometric analysis decomposes firm efficiency determinants. El objetivo del trabajo es analizar la eficienda del Sistema bancario Español en laetapa comprendida entre la incorporación de España a la CEE (1986) y el inicio del mercado único (1993). Las profundas transformaciones que han tenido lugar en estos años en el sector bancario, así como la importancia de un sistema bancario eficiente para cualquier economía, son las principales razones que justifican un nuevo análisis de la productividad. El estudio desarrollado permite identificar algunas de las características del proceso de mejora de la productividad total de los factores en las empresas bancarias españolas. Se analiza la peculiaridad del output bancario, así como su sensibilidad al proceso de reducción de márgenes. Una vez definida la medida de productividad elegida, se descomponen econométricamente los determinantes de las diferencias de las productividades entre entidades.

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File URL: http://www.ivie.es/downloads/docs/wpasec/wpasec-1993-09.pdf
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File Function: Fisrt version / Primera version, 1993
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Publisher Info
Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie EC with number 1993-09.

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Length: 48 pages
Date of creation: Dec 1993
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Publication status: Published by Ivie
Handle: RePEc:ivi:wpasec:1993-09

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