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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 21-Nov-2017 17:41:13 (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 & Finance, Volume 48, Pages 161-178
資料類型 article
DOI https://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-Chuanen_US
dc.creator (作者) Huang, Tai-Hsinen_US
dc.date (日期) 2017-03
dc.date.accessioned 21-Nov-2017 17:41:13 (UTC+8)-
dc.date.available 21-Nov-2017 17:41:13 (UTC+8)-
dc.date.issued (上傳時間) 21-Nov-2017 17:41:13 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/114845-
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.en_US
dc.format.extent 872565 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) International Review of Economics & Finance, Volume 48, Pages 161-178en_US
dc.subject (關鍵詞) Metafrontier; Cost efficiency; Technology gap ratios; Fourier flexible cost function; Environmental variablesen_US
dc.title (題名) Cost efficiency and technological gap in Western European banks: A stochastic metafrontier analysisen_US
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1016/j.iref.2016.12.003
dc.doi.uri (DOI) https://doi.org/10.1016/j.iref.2016.12.003