... three subgroups of banks (cooperative, commercial and savings banks) of our sample. Concerning the different methodologies used for the studies, the following table (Table 1) shows that a vast number of the related literature uses Data Envelopment Analysis (DEA) in order to calculate efficiency...

... may be seen at http://creativecommons.org/licences/by/4.0/legalcode Efficiency Capital markets Productivity Data envelopment analysis Intermediary institutions Malmquist total factor productivity index Intermediary institutions (IIs) are one of the most significant institutions...