Scale Economies in the N.S.W. Credit Union Industry
Harvey R. Crapp
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Harvey R. Crapp: Kuring-gai College of Advanced Education. The programming assistance of Linda Allingham and the funding support for data coding from the Credit Union Association of N.S.W. and the Credit Union Savings Reserve Board of N.S.W. is gratefully acknowledged. Helpful comments by an anonymous referee were appreciated. The usual disclaimer applies.
Australian Journal of Management, 1983, vol. 8, issue 1, 35-48
Abstract:
The cost functions of Credit Unions in N.S.W. are examined with a view to determining the existence of scale economies. Cost functions were estimated on pooled data for 1979–1980 assuming the underlying production function is Cobb-Douglas. The study tentatively established nonexistence of scale economies, however significant cost advantages were obtained by those credit unions which had greater involvement with technology.
Keywords: CREDIT UNIONS; COBB-DOUGLAS; SCALE ECONOMIES (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ausman:v:8:y:1983:i:1:p:35-48
DOI: 10.1177/031289628300800103
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