Total factor productivity growth and technical change in UK building societies: 1990-95.

Ashton, J.K., 1997. Total factor productivity growth and technical change in UK building societies: 1990-95. Working Paper. Poole, UK: Bournemouth University School of Finance and Law.

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Abstract

The total factor productivity and technical change within the UK building society sector are examined in this paper. Total factor productivity growth is measured using a cost function shift approach. An intermediation model of bank production with a translog specification of productive technology is employed. Static total factor productivity growth is observed over the sample period. Very Low levels of technical change are found.

Item Type:Monograph (Working Paper)
Uncontrolled Keywords:UK, building societies, Total factor productivity,
Subjects:Social Sciences > Finance and Financial Economics
Social Sciences > Commerce
Group:Business School
ID Code:3062
Deposited By:INVALID USER
Deposited On:11 Jun 2007
Last Modified:07 Mar 2013 14:38

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