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題名 A Parametric Estimation of Bank Efficiencies Using a Flexible Profit Function with Panel Data
作者 黃台心
Huang,Tai-Hsin
貢獻者 金融系
關鍵詞 Bank ;X-Effizienz ;X-efficiency ;Gewinn ;Profit ;Opportunitätskosten ;Opportunity cost ;Theorie ;Theory ;Schätzung ;Estimation ;Panelforschung ;Panel survey ;Taiwan ;1981-1995
日期 1999-12
上傳時間 27-Oct-2014 10:42:51 (UTC+8)
摘要 This paper generalises Kumbhakar`s (1996a) single product shadow profit function to a multiproduct one, which in contrast to Berger, Hancock, and Humphrey (1993) is consistent with a firm`s profit maximising behaviour. By estimating a parametric translog profit function, which does not require special assumptions about the error distribution, and using panel data from Taiwan`s banking industry, the following conclusions can be drawn: (i) Parameter estimates from the translog functional form are more robust than those from the Fuss (non-logarithmic) form. (ii) More than half of all potential variable profits are found to be lost due to inefficiencies. (iii) Greater reduction in profit results from deficient output revenues than from a suboptimal input mix. (iv) The model finds technical progress during the sample period. (v) A type of ‘weakly’ optimal scope economies is detected, which suggests that the joint production of the two products can increase profits for some banks while not hurting the profits of others.
關聯 Australian economic papers,38(4),422-445
資料類型 article
DOI http://dx.doi.org/10.1111/1467-8454.00066
dc.contributor 金融系en_US
dc.creator (作者) 黃台心zh_TW
dc.creator (作者) Huang,Tai-Hsinen_US
dc.date (日期) 1999-12en_US
dc.date.accessioned 27-Oct-2014 10:42:51 (UTC+8)-
dc.date.available 27-Oct-2014 10:42:51 (UTC+8)-
dc.date.issued (上傳時間) 27-Oct-2014 10:42:51 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/70795-
dc.description.abstract (摘要) This paper generalises Kumbhakar`s (1996a) single product shadow profit function to a multiproduct one, which in contrast to Berger, Hancock, and Humphrey (1993) is consistent with a firm`s profit maximising behaviour. By estimating a parametric translog profit function, which does not require special assumptions about the error distribution, and using panel data from Taiwan`s banking industry, the following conclusions can be drawn: (i) Parameter estimates from the translog functional form are more robust than those from the Fuss (non-logarithmic) form. (ii) More than half of all potential variable profits are found to be lost due to inefficiencies. (iii) Greater reduction in profit results from deficient output revenues than from a suboptimal input mix. (iv) The model finds technical progress during the sample period. (v) A type of ‘weakly’ optimal scope economies is detected, which suggests that the joint production of the two products can increase profits for some banks while not hurting the profits of others.en_US
dc.format.extent 264939 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) Australian economic papers,38(4),422-445en_US
dc.subject (關鍵詞) Bank ;X-Effizienz ;X-efficiency ;Gewinn ;Profit ;Opportunitätskosten ;Opportunity cost ;Theorie ;Theory ;Schätzung ;Estimation ;Panelforschung ;Panel survey ;Taiwan ;1981-1995en_US
dc.title (題名) A Parametric Estimation of Bank Efficiencies Using a Flexible Profit Function with Panel Dataen_US
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1111/1467-8454.00066en_US
dc.doi.uri (DOI) http://dx.doi.org/10.1111/1467-8454.00066 en_US