教師資料查詢 | 類別: 期刊論文 | 教師: 鍾銘泰 CHUNG MING-TAI (瀏覽個人網頁)

標題:Do Undesirables Matter on the Examination of Banking Efficiency Using Stochastic Directional Distance Functions
學年106
學期1
出版(發表)日期2017/08/01
作品名稱Do Undesirables Matter on the Examination of Banking Efficiency Using Stochastic Directional Distance Functions
作品名稱(其他語言)
著者Huang, Tai-Hsin; Ming-Tai, Chung
單位
出版者
著錄名稱、卷期、頁數Review of Economics and Finance 65, p.194-211.
摘要This paper aims to gain further insights into whether the First Financial Restructuring (FFR) policy improves the technical efficiency of Taiwan’s banks during the period 1999–2012, using the directional technology distance function (DDF). DDF simultaneously allows for the expansion of the desirables and the contraction of the undesirables, which is able to depict a bank’s true production activities. We find that the banks have a lower technical inefficiency with the preferred model compared to the other models. Before 2002, the technical inefficiency exhibits a gradual upward trend and then posts a downward trend during the FFR period, due to enhanced banking and benefits obtained from compliance with FFR. The inefficiency scores deteriorate sharply, during the “credit card and cash card crisis” in 2006 and “the subprime mortgage crisis” in 2008. Public and financial holding company (FHC) banks are respectively more efficient than private and non-FHC banks.
關鍵字Technical efficiency;Directional technology distance function;Undesirable outputs;Public banksPrivate banks;Financial holding company
語言英文(美國)
ISSN
期刊性質國外
收錄於SSCI;
產學合作
通訊作者
審稿制度
國別中華民國
公開徵稿
出版型式,電子版,紙本
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