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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Official URL: http://ibal.bmth.ac.uk/pdf_docs/278.pdf
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
|Deposited By:||INVALID USER|
|Deposited On:||11 Jun 2007|
|Last Modified:||07 Mar 2013 14:38|
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