A Parametric Estimation of Bank Efficiencies Using a Flexible Profit Function with Panel Data
學年 88
學期 1
出版(發表)日期 1999-12-01
作品名稱 A Parametric Estimation of Bank Efficiencies Using a Flexible Profit Function with Panel Data
作品名稱(其他語言)
著者 Huang, Tai-hsin; 黃台心
單位 淡江大學經濟學系
出版者 Blackwell
著錄名稱、卷期、頁數 Australian economic papers 38(4), pp.422-445
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
關鍵字
語言 en
ISSN 0004-900X
期刊性質 國外
收錄於
產學合作
通訊作者
審稿制度
國別 AUS
公開徵稿
出版型式 ,紙本
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/24847 )

機構典藏連結