Cost Efficiency Characteristics of British Retail Banks
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In: Service Industries Journal , Vol. 21, No. 2, 2001, p. 159-174.
Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - Cost Efficiency Characteristics of British Retail Banks
AU - Ashton, John
PY - 2001
Y1 - 2001
N2 - In this article the cost efficiency characteristics of the British retail-banking sector are investigated. Distribution-free cost efficiency, economies of scale, economies of scope and cost complementarities are all measured. The study employs a one way fixed effects model with a translog specification of productive technology. Both 'production' and 'intermediation' models of bank production are employed and contrasted. Overall, increasing and a low level of dispersion of cost efficiency are observed in this most important commercial sector.
AB - In this article the cost efficiency characteristics of the British retail-banking sector are investigated. Distribution-free cost efficiency, economies of scale, economies of scope and cost complementarities are all measured. The study employs a one way fixed effects model with a translog specification of productive technology. Both 'production' and 'intermediation' models of bank production are employed and contrasted. Overall, increasing and a low level of dispersion of cost efficiency are observed in this most important commercial sector.
U2 - 10.1080/714005022
DO - 10.1080/714005022
M3 - Article
VL - 21
SP - 159
EP - 174
JO - Service Industries Journal
JF - Service Industries Journal
SN - 0264-2069
IS - 2
ER -