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題名 Cost Efficiency and Technological Gap in Western European Banks: A Stochastic Metafrontier Analysis
作者 黃台心
Lee, Chi-Chuan;Huang, Tai-Hsin
貢獻者 金融系
關鍵詞 Metafrontier; Cost efficiency; Technology gap ratios; Fourier flexible cost function; Environmental variables
日期 2017-03
上傳時間 26-Apr-2017 16:50:30 (UTC+8)
摘要 This paper compares the cost efficiencies of banks in Western European countries using a new stochastic metafrontier Fourier flexible cost function for the period 1996–2010. One salient feature of our method is that the TGR can be linked with country-specific environmental variables. Results show that the average TGRs in these countries are close to one another, implying that banks operating in this integrated market undertake analogous technology. Moreover, the TGR and MCE exhibit a gradual upward trend during 1996–2000, followed by a downward trend especially after the subprime crisis of 2007–2010. The managerial inability constitutes the primary source of inefficiencies.
關聯 International Review of Economics and Finance, Volume 48, Pages 161-178
資料類型 article
DOI http://doi.org/10.1016/j.iref.2016.12.003
dc.contributor 金融系-
dc.creator (作者) 黃台心zh_TW
dc.creator (作者) Lee, Chi-Chuan;Huang, Tai-Hsin-
dc.date (日期) 2017-03-
dc.date.accessioned 26-Apr-2017 16:50:30 (UTC+8)-
dc.date.available 26-Apr-2017 16:50:30 (UTC+8)-
dc.date.issued (上傳時間) 26-Apr-2017 16:50:30 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/109224-
dc.description.abstract (摘要) This paper compares the cost efficiencies of banks in Western European countries using a new stochastic metafrontier Fourier flexible cost function for the period 1996–2010. One salient feature of our method is that the TGR can be linked with country-specific environmental variables. Results show that the average TGRs in these countries are close to one another, implying that banks operating in this integrated market undertake analogous technology. Moreover, the TGR and MCE exhibit a gradual upward trend during 1996–2000, followed by a downward trend especially after the subprime crisis of 2007–2010. The managerial inability constitutes the primary source of inefficiencies.-
dc.format.extent 872565 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) International Review of Economics and Finance, Volume 48, Pages 161-178-
dc.subject (關鍵詞) Metafrontier; Cost efficiency; Technology gap ratios; Fourier flexible cost function; Environmental variables-
dc.title (題名) Cost Efficiency and Technological Gap in Western European Banks: A Stochastic Metafrontier Analysis-
dc.type (資料類型) article-
dc.identifier.doi (DOI) 10.1016/j.iref.2016.12.003-
dc.doi.uri (DOI) http://doi.org/10.1016/j.iref.2016.12.003-