Table 1

Relevant literature

ReferencesReported periodSubject of researchMethodology to estimate efficiencyMethodology to estimate integration
Abidin et al. (2020) 2017–2018EfficiencyDEA, Tobit regression model, Mann–Whitney test
Alexandrou et al. (2011) 1990–2005Volatility spillovers for bank stock returnsGarch models
Altunbaş and Chakravarty (1998) 1988–1995InefficiencyMean, variance, skewness, gimi coefficient, Theil index
Badircea et al. (2016) 2000–2004Banking assets flows through EuropeSimple linear regression
Bos and Schmiedel (2007) 1993–2004EfficiencySFA
Carbó Valverde et al. (2007) 1996–2002Cost efficiencyDistribution free approach (DFA)
Casu and Girardone (2009) 1997–2003Cost efficiencyDEAβ and σ convergence measures
Casu and Molyneux (2003) 1993–1997EfficiencyDEATobit regression and bootstrapping
Centeno and Mello (1999) 1985–1994Interest rates and bank lending ratesThe Augmented Dickey Fuller (ADF), the Phillip Perron (PP), and the Kwiatkowski et al. (KPSS) tests
Davidovic et al. (2019) 2006–2015EfficiencyDEA
Dietsch and Lozano-Vivas (2000) 1988–1992Cost efficiencyDFA
Erdem Demirtaş and Fidan Keçeci (2020) 2013–2016Efficiency of private pension companiesDynamic DEA and traditional DEA
Fernández de Guevara et al. (2007) 1993–2001Interest ratesσ convergence
Fukuyama and Matousek (2017) 2000–2013Banks' network revenue performanceDEA, Simar and Wilson model, Nerlove's revenue inefficiency model
Grmanová and Ivanová (2018) 2009, 2013EfficiencyDEA
Henriques et al. (2018) 2012–2016EfficiencyDEA
Ilut and Chirlesan (2012) 2002–2010EfficiencyDEA, VRS model
Kösedağ et al. (2011) 1990–2003EfficiencyDEA
Mamatzakis et al. (2008) 1998–2003Cost and profit efficiencySFAβ and σ convergence measures
Matousek et al. (2015) 2005–2012Cost efficiencyParametric distance function approach (NPLs)Phillips and Sul methodology
Pastor et al. (1997) 1992EfficiencyDEA
Rughoo and Sarantis (2014) 2003–2011Deposit and lending ratesPhillips and Sul methodology
Sander and Kleimeier (2004) 2000–2002Interest ratesβ and σ convergence measures
S,argu and Roman (2012)2003–2010EfficiencyDEA
Stavarek (2005) 2002–2003EfficiencyData envelopment analysis (DEA), CCR model and BCC model
Weill (2009) 1994–2005Cost efficiencyStochastic frontier approach (SFA)β and σ convergence tests
Zhang and Matthews (2012) 1992–2007Cost efficiencyDEAβ and σ convergence measures

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