Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/212134 
Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
Bank of Finland Research Discussion Papers No. 13/2009
Verlag: 
Bank of Finland, Helsinki
Zusammenfassung: 
In this study, we test whether regional growth in 11 European countries depends on financial development and suggest the use of cost- and profit-efficiency estimates as quality measures for financial institutions. Contrary to the usual quantitative proxies for financial development, the quality of financial institutions is measured in this study as the relative ability of banks to intermediate funds. An improvement in bank efficiency spurs five times more regional growth than does an identical increase in credit. More credit provided by efficient banks exerts an independent growth effect in addition to the direct quantity and quality channel effects.
Schlagwörter: 
bank performance
regional growth
bank efficiency
Europe
JEL: 
G21
O16
O47
O52
Persistent Identifier der Erstveröffentlichung: 
ISBN: 
978-952-462-509-8
Dokumentart: 
Working Paper

Datei(en):
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