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Inefficiency and productivity growth in banking: a comparison of stochastic econometric and thick frontier methods

Paul Bauer (), Allen N. Berger () and David B. Humphrey

No 9117, Working Paper from Federal Reserve Bank of Cleveland

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) (search for similar items in EconPapers)
Date: 1991
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