Building society management expense functions: 1984-1989
Article Abstract:
A study of the operating costs of building societies from 1984 to 1989 is discussed. The study estimates the management expense functions of building societies for six years. The results of the study show increases in economies of scale up to a certain size for each of the six years covered by the study. However, the minimum efficient asset size (MEAS) showed a decline from 1984 until 1987. The costs incurred by large societies in developing new financial services and the moderate increase in the budgets of the smaller societies are the reasons for the decline in the MEAS.
Publication Name: The Service Industries Journal
Subject: Business, international
ISSN: 0264-2069
Year: 1992
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The competitiveness of EU insurance industries
Article Abstract:
The UK, France and the Netherlands are the countries with the most competitive insurance industries, but, profits in market shares among the southern European states of Spain, Italy and Portugal indicate that these countries are likely to rank higher in the future. The international competitiveness of the insurance industry has three dimensions including price, product range and quality and distribution and marketing.
Publication Name: The Service Industries Journal
Subject: Business, international
ISSN: 0264-2069
Year: 1998
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International trade in financial services
Article Abstract:
The role of international trade in financial services is examined. It is concluded that the key concepts of international trade are of use in understanding international trade flows in financial services. According to Balassa's erevealed comparative advantageE index, the most highly ranked countries are Belgium-Luxembourg, Italy, Switzerland, the UK, the USA and Greece.
Publication Name: The Service Industries Journal
Subject: Business, international
ISSN: 0264-2069
Year: 2005
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