A Parametric Estimation of Bank Efficiencies Using a Flexible Profit Function with Panel Data | |
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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 | 否 |
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 ) |