Technical change in the UK retail banking sector: 1984-1995

Research output: Contribution to journalArticle

Electronic versions


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.
Original languageEnglish
Pages (from-to)737-740
Number of pages4
JournalApplied Economics Letters
Issue number12
Publication statusPublished - Dec 1998
View graph of relations