Economie di scopo e sistema bancario italiano: alcuni spunti teorici ed un tentativo di verifica empirica - Scope economies and Italian banking system: a theoretical contribution And an attempt of empirical analysis
Donatella Porrini
Economia Internazionale / International Economics, 1994, vol. 47, issue 2-3, 218-237
Abstract:
This paper analyses the economies of scope in the Italian honking system using both a theoretical approach and an empirical one. Starting from the term « economies of scope » and its traditional definition, particularly applied to the banks’ production activity, this paper makes an attempt to divide the « economies of scope » into two groups: the « differentiation economics », arising from the joint production of the principal intermediation output and outputs which are « accessories a of it; the « product-mix economics », arising from the joint production of the intermediation output and other very different outputs, such as insurance services. In the second part, the estimate of a translog multiproduct function provides an example of an empirical analysis in the above field. In a sample of Italian banks (mainly ordinary banks) with data from 1988 to 1990, economies of scope have been detected for every output with a trend increasing during the sample period.
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:ris:ecoint:0420
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