Inefficiency and productivity growth in banking: a comparison of stochastic econometric and thick frontier methods
Paul Bauer (),
Allen Berger () and
David B. Humphrey
No 9117, Working Papers (Old Series) 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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