Working Paper
Inefficiency and productivity growth in banking: a comparison of stochastic econometric and thick frontier methods
Abstract: A comparison of alternative methods for estimating inefficiency and productivity growth in banking, showing that inefficiencies are sufficiently large to dominate scale economies and that measured technological progress has been small, or even negative, as a result of institutional events that occurred during 1977-88.
Keywords: Banks and banking - Costs; Production (Economic theory);
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1991
Number: 9117