XE in Europe: c.1991–2017
Abstract
The end of Communism in Europe, the deregulation of the banking systems, and the rise of the EU increased competition among European firms. The prediction is that X-efficiency should increase, and the data supports this. In this chapter we summarize firms from Eastern Europe, and Western Europe, and firms which are in nations which joined the EU early in its development and from nations which joined the EU later on. The liberalization among the banking systems of Europe on X-efficiency are discussed in the context of relative X-efficiency among private and state-owned firms. Firm size on X-efficiency is also discussed.
Keywords
Post-communist Europe; Eastern Europe; Market reform and liberalization; ...
Get The Beginnings of Behavioral Economics now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
