Technical change in the UK retail banking sector: 1984-1995
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The paper empirically quantifies technical change for the UK retail banking sector
between 1984 and 1995. A time trend model is used to measure average technical change. Bank production is represented with ‘intermediation’ and ‘production’ models. Translog cost models are estimated using a SUR estimator on pooled time series and cross sectional data. Distinct results for differing model specifications are evident. This change appears to vary in magnitude within the sample period.
between 1984 and 1995. A time trend model is used to measure average technical change. Bank production is represented with ‘intermediation’ and ‘production’ models. Translog cost models are estimated using a SUR estimator on pooled time series and cross sectional data. Distinct results for differing model specifications are evident. This change appears to vary in magnitude within the sample period.
| Original language | English |
|---|---|
| Pages (from-to) | 737-740 |
| Number of pages | 4 |
| Journal | Applied Economics Letters |
| Volume | 5 |
| Issue number | 12 |
| DOIs | |
| Publication status | Published - Dec 1998 |