期刊論文

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 en_US
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 TWN
公開徵稿
出版型式 ,電子版,紙本
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/113720 )