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This chapter analyses the dynamics of regional disparities in the member states that joined the European Union in or after 2004, excluding Cyprus and Malta (EU11). The analysis shows that while differences between countries have been shrinking, regional disparities in GDP per capita and...
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German savings banks play a key role in financing German SMEs. Accordingly, the analysis of their efficiency is of … as the Eurozone crisis (since the end of 2009) on the efficiency of German savings banks. Although the Malmquist index is … on average below one in our sample from 2003 to 2014, we conclude from our efficiency results that German savings banks …
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