01739cas a2200241 a 4500 AALejournalIMF003071 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451856156 1018-5941 BD-DhAAL BD-DhAAL Hauner, David. Explaining Efficiency Differences Among Large German and Austrian Banks / David Hauner. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Cost-efficiency, scale efficiency, and productivity change are estimated by data envelopment analysis; and cost-efficiency is regressed on explanatory variables. No evidence is found for average productivity responding to deregulation over the period studied. State-owned banks are found to be more cost-efficient (likely owing to cheaper funds) and cooperative banks to be about as cost-efficient as private banks. Increasing economies of scale but decreasing economies of scope provide rationale for M and As among banks with similar product portfolios. Interbank and capital market funding is found to be more cost-efficient than deposits when the cost of retail networks is controlled for. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2004/140 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/140/001.2004.issue-140-en.xml IMF e-Library