Decision Sciences
4 years ago

Greek banks achieve higher efficiency post-1992, driven by technical progress.

Journal of Applied Economics
Productivity Growth in the Greek Banking Industry: A Non-Parametric Approach
Anthony N. Rezitis

Paper Summary

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The article examines productivity growth in Greek banks from 1982 to 1997. They found that productivity increased more after 1992, mainly due to technical progress. Before 1992, growth was mostly from efficiency improvements. After 1992, banks improved pure efficiency but moved away from optimal scale. Larger banks with specialized services were more efficient.