Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/210196 
Year of Publication: 
2009
Series/Report no.: 
Staff Memo No. 4/2009
Publisher: 
Norges Bank, Oslo
Abstract: 
We calculate social and private cost for the use and production of payment services in Norway for 2007. The calculations include banks', merchants' and households' cost for cash, cards and giro payments. The social cost is calculated to be 0.49 % of GDP, or NOK 11.16 billion. Costs are also calculated on a per-service basis. The results are compared with data from earlier cost surveys by Norges Bank. The unit costs of the most popular services have decreased over the years. Efficiency and productivity of banks' payment service operations has improved. We also make comparisons between frameworks, methodologies, and results from cost surveys in five European countries.
Subjects: 
cash payments
card payments
giro payments
social costs
private costs
unit costs
banks' efficiency
JEL: 
D12
D23
D24
Persistent Identifier of the first edition: 
ISBN: 
978-82-7553-500-7
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Research Report
Appears in Collections:

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.