Applying the non-standard profit function to studying the synergy of Taiwan's commercial banks
學年 112
學期 2
出版（發表）日期 2024-03-31
作品名稱 Applying the non-standard profit function to studying the synergy of Taiwan's commercial banks
作品名稱（其他語言） 應用非標準利潤函數分析我國商業銀行的經營綜效
著者 Huang, Kuo-jui
單位
出版者
著錄名稱、卷期、頁數 Journal of Financial Studies 32(1),　p.1-47
摘要 This paper utilizes the Restrepo-Tobón and Kumbhakar (2017) non-standard profit function to address output price mismeasurement and market imperfection issues in Taiwan's banking industry. We estimate and compare the synergy of financial holding banks (FHBs) and non-financial holding banks (Non-FHBs) in terms of various efficiency measures. Non-FHB private banks exhibit the highest meta-frontier cost, revenue, and profit efficiencies. Non-FHB pan-public banks follow, FHB private banks rank third, and FHB pan-public banks perform the least efficiently. Overall, Non-FHBs outperform FHBs, with private banks demonstrating the highest efficiency scores across measures, while pan-public and foreign banks show similar performance.
關鍵字 Non-standard profit function;Stochastic meta-frontier model;Financial and non-financial holding bank;Scale and scope economies;Synergy
語言 en_US
ISSN 1022-2898
期刊性質 國內
收錄於 TSSCI EconLit Airiti Library Taiwan
產學合作
通訊作者 Wen-Cheng Hu
審稿制度 是
國別 TWN
公開徵稿
出版型式 ,電子版,紙本