New evidence of scope economies among lending, deposit-taking, loan commitments and mutual fund activities Carbó Valverde, Santiago Rodríguez Fernández, Francisco Banking Scope economies Off-balance sheet Financial innovation and technology affect bank cost, revenue and profits. Most of the previous empirical studies have not found significant cost, profit or revenue scope economies or output pair complementarities either between traditional and non-traditional banking products or between traditional activities themselves. We study scope economies and output pair complementarities in a ‘broad banking’ environment: the Spanish banking sector. The results indicate that after including off-balance sheet business in the output mix, cost and profit scope economies rise and are statistically significant. Besides, consumer valuation of financial services is only detected when the off-balance sheet business is added to the output definition. 2014-04-29T12:24:45Z 2014-04-29T12:24:45Z 2005 info:eu-repo/semantics/report Carbó Valverde, S.; Rodríguez Fernández, F. New evidence of scope economies among lending, deposit-taking, loan commitments and mutual fund activities. Universidad de Granada. Departamento de Teoría e Historia Económica (2005). (The Papers; 05/01). [http://hdl.handle.net/10481/31462] http://hdl.handle.net/10481/31462 eng The Papers;05/01 info:eu-repo/semantics/openAccess Universidad de Granada. Departamento de Teoría e Historia Económica