Figures & data
Table 1. Banking structure in the Baltic States.
Table 2. Number of observations by country, year and bank.
Table 3. IC values for each model analysed (boldface signals the best model).
Figure 1. Estimated evolution of the median cost and profit efficiencies of European banks.
Figure 2. Estimated evolution of the median cost efficiency of EU-15 and the Baltic countries.
Figure 3. Estimated evolution of the median profit efficiency of EU-15 and the Baltic countries.
Table A1. Baltic banks included in the sample
Table A2. Profits frontier effects δcountry for each country and δt = αt − αt−1 for each year (effects δ with P [δ ≥ 0|Data] less than 0.025 or greater than 0.975 were considered significantly negative or positive, respectively).
Table A3. Estimated evolution of median cost efficiencies of EU-15 and the Baltic States.
Table A4. Estimated evolution of median profit efficiencies of EU-15 and the Baltic States.
Figure A1. Estimated coefficients of the cost frontier.
Figure A2. Estimated coefficients of the profit frontier.
Figure A3. Dynamic evolution of the cost frontier effects of the European Union (calculated as the average of the country effects of the EU-15), Estonia, Latvia and Lithuania.
