کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5091247 1375668 2006 22 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Benefits from a changing payment technology in European banking
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Benefits from a changing payment technology in European banking
چکیده انگلیسی
An “output characteristics” cost function is used to identify payment sources of technical change in European banking and estimate associated benefits. As the share of electronic payments in 12 European countries rose from 0.43 in 1987 to 0.79 in 1999 and ATMs expanded while the number of branch offices was constant, bank operating costs are $32 billion lower than they otherwise might have been, saving 0.38% of the 12 nations' GDP. Policies facilitating these changes (antitrust exemptions to weakly coordinate implementation of payment service pricing) would permit benefits to be more fully realized.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Banking & Finance - Volume 30, Issue 6, June 2006, Pages 1631-1652
نویسندگان
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