Ashton, J.K., 1998. Cost efficiency, economies of scale and economies of scope in the British retail banking sector. Working Paper. Poole, UK: Bournemouth University School of Finance and Law.
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In this paper the efficiency characteristics of the British retail banking sector are investigated. Distribution free cost efficiency, economies of scale and economies of scope are all measured. The study employs a one way fixed effects model with a translog specification of productive technology. Both ‘production’ and ‘intermediation’ models of bank production are employed and contrasted. A substantial distribution of cost efficiency is observed in this most important commercial sector. Overall, slight dis-economies of scale are reported for the ‘intermediation’ approach and substantial diseconomies of scale are recorded for the ‘production’ approach. A substantial dispersion of cost efficiency is observed for this sector with both model specifications.
|Item Type:||Monograph (Working Paper)|
|Uncontrolled Keywords:||banking, retail banking, finance, uk, economies of scale|
|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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