L'integrazione europea e il settore bancario dell'Europa meridionale: concorrenza, efficienza e struttura
DOI:
https://doi.org/10.13133/2037-3651/10978Keywords:
Southern European banking sector, European integrationAbstract
A large literature has been sponsored on the impact of 1992 and the removal of capital controls on the European banking sector. A great deal of attention is focused within this literature on the issues of banking competition, efficiency and structure. It is argued that this literature is not automatically applicable to the Southern European economies and an alternative model is explored.
JEL Codes: G02, E52, G21
References
BALTENSPERGER E. (1972) "Economies of scale, firm size and concentration in banking", Journal of Money, Credit and Banking, vol. 4, no. 3, pp. 467-488.
BELL F. M. and MURPHY N.B. (1968) Cost in Commercial Banking: A Quantitative Analysis of Bank Behaviour and its Relation to Bank Regulation, Research Report, no. 41, Federal Reserve Bank of Boston, Boston.
BENSTON G. (1972) "Economies of scale in financial institutions", Journal of Money, Credit and Banking, vol. 4, no. 3, pp. 312-341.
BENSTON G., HANWECK G.A. and HUMPHREY D.B. (1982) "Scale economies in banking: a restructuring and reassessment", Journal of Money, Credit and Banking, vol. 14, no. 4, pp. 435-456.
BLISS C. and BRAGA DE MACEDO J., eds. (1990) Unity with Diversity in the European Community: The Community's Southern Frontier, CEPR/CUP, Cambridge.
BORGES A.M. (1990) "Portuguese banking in the single European market", in J. Dermine (ed.)
BRAGA DE MACEDO J. (1990a) External Liberalization with Ambiguous Public Response: The Experience of Portugal, CEPR Discussion Paper, no. 378, February.
BRAGA DE MACEDO J. (1990b) "Comment" on Borges in J. Dermine (ed.), 1990.
BRANSON W.H. (1990) "Financial market integration, macroeconomic policy and the EMS", in C. Bliss and J. Braga de Macedo (eds.), 1990.
BRUNI F. (1990) "Banking and financial reregulation towards 1992: the Italian case", in Dermine J. (ed.), 1990.
CAMINAL R., GUAL J. and Vives X. (1990) "Competition in Spanish banking", in J. Dermine (ed.), 1990.
CECCHINI P. (1988) The European Challenge 1992, Wildwood House.
COSH A., HUGHES A. and SINGH A. (1990) "Analytical policy issues in the UK economy", in Takeovers and Short-termism in the UK, Institute for Public Policy Research, Industrial Paper, no. 3.
DAVIS E. and SMALES C. (1989) "The integration of European financial services", in CBS/LBS, 1992 Myths and Realities.
DERMINE J., ed. (1990) European Banking in the 1990s, Basil Blackwell, Oxford.
EATON J. and GERSOVITZ M. (1981) "Debt with potential repudiation: theoretical and empirical analysis", Review of Economic Studies, vol. 48, pp. 289-309.
EATON J. and GERSOVITZ M. (1981) Poor Country Borrowing in Private Financial Markets and the Repudiation Issue, Princeton Studies in International Finance, No. 47, June.
FELDSTEIN M. (1991) The Risk of Economic Crisis, Chicago University Press, Chicago.
Fossil K. and BURTON J. (1991) "Bank crises echoes in the north", Financial Times, 15.10.91.
FRIEDMAN B.M. (1991) "Views on the likelihood of financial crisis", in M. Feldstein (ed.), 1991.
GARDENER E.P.M. (1991) Capital Adequacy in the New Europe, Institute of European Finance, Research Paper 91/13.
GIBSON H.D. (1989) The Eurocurrency Markets, Domestic Financial Policy and International Instability, Macmillan, London.
GIBSON H.D and OPPENHEIMER P.M. (1992) "Financial crises and the international debt problem", Oxford Institute of Economics and Statistics, Discussion Paper.
GIBSON H.D. and TSAKALOTOS E. (1991) "European Monetary Union and macroeconomic policy in southern Europe: the case for positive integration", Journal of Public Policy, 11, 3.
GIBSON H.D. and TSAKALOTOS E. (1992) Economic Integration and Financial Liberalisation: Prospects for Southern Europe, Macmillan, London.
GIBSON H.D., STOURNARAS Y. and TSAKALOTOS E. (1992) "The real and financial sectors in southern Europe: catch-up, convergence and financial institutions", University of Kent, Studies in Economics, no. 92/10, August.
GILBERT A.R. (1984) "Bank market structure and competition: a survey", Journal of Money, Credit and Banking, vol. 16, no. 4, pp. 617-660.
GREENBAUM S.I. (1967) "Competition and efficiency in the banking system: empirical research and its policy implications", Journal of Political Economy, August, pp. 461-478.
GRILLI V. (1989a) "Financial markets and 1992", Brookings Papers on Economic Activity, 2.
GRILLI V. (1989b) "Europe 1992: issues and prospects for the financial markets", Economic Policy, no. 9, October.
HALL M.J.B. (1989) "The BIS capital adequacy rules: a critique", in Banca Nazionale del Lavoro Quarterly Review, no. 169, June, pp. 207-229.
KAPSTEIN E.B. (1991) Supervising International Banks: Origins and Implications of the Basle Accord, Essays in International Finance, Princeton University, Princeton.
KATSELI L. (1990) "Structural adjustment of the Greek economy", CEPR Discussion Paper, no. 374, February.
KRUGMAN P. (1987) "Economic integration in Europe: some conceptual issues", in T. Padoa-Schioppa (ed.), Efficiency, Stability and Equity, Oxford University Press, Oxford.
LANDI A. (1990), Some Prospects on Concentration in the Italian Banking System, IEF Research Paper, Bangor, RP90/3.
LLEWELLYN D.T. (1989) "Capital regulatory convergence: the Basle proposals", Butterworths Journal of International Banking and Financial Law, October, pp. 441-448.
LLEWELLYN D.T. (1989) "The strategic dilemma of world banking", Butterworths Journal of International Banking and Financial Law, November, pp. 504-509.
LLEWELLYN D.T. (1991) "Is there a credit crunch?", Banking World, May, pp. 23-26.
LLEWELLYN D.T. (1992) "Bank Capital: the strategic issue of the 1990s", Banking World, January, pp. 20-25.
MINSKY H.P. (1982) Inflation. Recession and Economic Policy, Wheatsheaf Books Ltd., Brighton, Sussex.
NEVEN D.J. (1990) "Structural adjustment in European retail banking: some views from industrial organisation", in J. Dermine (ed.), 1990.
OECD, Surveys on Greece, Paris, various years.
OECD, Surveys on Spain, Paris, various years.
OECD, Surveys on Portugal, Paris, various years.
PRESTON R. (1991) "Slippery slopes", Financial Times, 31.10.91.
PRICE WATERHOUSE (1988) "The cost of non-Europe in financial services" prepared for the Commission of the European Communities, March.
REVELL J. (1987) Mergers and the Role of Large Banks, Bangor, Institute of European Finance.
REVELL J. (1988) Bank Preparations for 1992: Some Clues and Some Queries, IEF Research Paper, Bangor, RP88/17.
STIGLITZ J.E. and WEISS A. (1981) "Credit rationing in markets with imperfect information", American Economic Review, vol. 71, no. 3, pp. 393-410.
STILLSON R. (1974) "An analysis of information and transaction services in financial institutions", Journal of Money, Credit and Banking, vol. 6, pp. 517-535.
TSAKALOTOS E. (1991) Alternative Economic Strategies: The Case of Greece, Avebury.
VINALS J. (1990) "Spain and the EEC cum 1992 shock", in Bliss C. and Braga de Macedo J. (eds.), 1990.
VIVES X. (1990) "Banking competition and European integration", CEPR Discussion Paper, no. 373, April.
WHITE L.J. (1991) The S & L Debacle, Oxford University Press, New York and London.
Downloads
Published
Issue
Section
License
All material in this website and every article published by the review are licensed under a Creative Commons Attribution - Non commercial - No derivates 4.0 International license. Authors retain all rights on their works and grant the right to first publication to the review under the aforementioned license.