Production efficiency of internet-only banks and conventional banks: Evidence from China and Japan
學年 112
學期 2
出版（發表）日期 2024-06-04
作品名稱 Production efficiency of internet-only banks and conventional banks: Evidence from China and Japan
作品名稱（其他語言）
著者 Chen, Kuan-chieh; Huang, Kuo-jui; Huang, Shian-chang
單位
出版者
著錄名稱、卷期、頁數 International Review of Economics and Finance 94,　103379
摘要 In recent years, Internet-only banks have begun participating in many countries' financial markets; however, their impact on these markets requires clarification. This study focused on China and Japan and covered the period from 1995 to 2019. We utilized the stochastic frontier approach to estimate the output distance function with a view to comparing production efficiency before and after the entry of Internet-only banks into the financial markets of both countries. The results revealed that China's Internet-only banks are more efficient than conventional banks, while the opposite is true in Japan. Furthermore, although Japan's Internet-only banks outperformed China's, Japan's conventional banks were less efficient than were those in China; this finding suggests that Japan's Internet-only banks adopt more advanced production technologies. Finally, the results of stochastic meta-frontier regression supported the notion that national banks in both China and Japan outperformed private banks between 2015 and 2019.
關鍵字 Internet-only banks;Meta-frontier regression;Production efficiency;Output distance function
語言 en_US
ISSN 1873-8036
期刊性質 國外
收錄於 SSCI EconLit Scopus ABS* NotTSSCI
產學合作
通訊作者 Kuan-Chieh Chen
審稿制度 是
國別 USA
公開徵稿
出版型式 ,電子版,紙本