Search results for "Theil index"
showing 3 items of 3 documents
The evolution of technological inequalities: country effect vs industry composition
2013
PurposeUsing the EU‐KLEMS database for 12 countries and 16 industries, the purpose of this paper is to analyze the differences in technological capital intensity (R&D capital stock as a percentage of GVA) between industries and the evolution of inequalities between the EU‐11 and the USA, as well as between EU countries.Design/methodology/approachThe authors use shift‐share analysis and a Theil inequality index to break down these inequalities and to quantify the importance of either a country or a specialization effect.FindingsResults from the shift‐share analysis show that there was a technological gap in favor of the USA until the mid‐1990s linked to the greater accumulation of techno…
Integration and competition in the European financial markets
2007
Financial integration in Europe should affect the competition between markets and intermediaries and generate a convergence of both interest rates and margins among the different countries. This paper analyses the evolution of the convergence in interest rates and the level of competition and its inequalities among the European banking systems for the period 1993 to 2001. The inequality index used ?the Theil index- allows us to break down the inequalities so that the importance of either a country effect or a specialization effect is quantified. If the former effect dominates it would mean that the national banking markets are segmented as a consequence of the existence of obstacles or barr…
Inequalities in the efficiency of the banking sectors of the European Union
2002
The aim of this study was to analyse the inequalities of cost and profit efficiency existing in the banking sectors of the European Union, and the origins of the inequalities observed. The decomposition of the Theil index shows that on the cost side the greatest differences within groups occur when the total sample is divided into institutional groups (commercial banks, saving banks, co-operative banks and other banks), the country effect and the type of productive specialization being more important in explaining the differences between groups. In profit efficiency, there are great differences between countries, but none between specialization clusters.