The aim of this paper is to analyse the role of human capital in the productivity gains of the OECD countries in the period 1965-90, breaking down the productivity gains into technical change and gains in efficiency. For this purpose we use both a stochastic frontier approach and a...

This study analyses the effects of specialisation on the cost efficiency of a set of banking systems of the European Union over the period 1992-1998. Unlike in the established literature in which specialisation differences are not considered, in this paper cost inefficiencies are decomposed into...