政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/98890

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 109953/140903 (78%)
Visitors : 46057089 Online Users : 1179

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大典藏 > College of Commerce > Department of Money and Banking > Periodical Articles > Item 140.119/98890

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/98890

Title:	Productivity Changes in Pre-Crisis Western European Banks: Does scale effect really matter?
Authors:	黃台心李起銓;黃台心
Contributors:	金融系
Keywords:	Metafrontier Malmquist productivity index;Technical efficiency change;Scale effects;Catch-up
Date:	2016.01
Issue Date:	2016-07-11 17:34:23 (UTC+8)
Abstract:	Insofar as the completion of the Single Market for Financial Services, it has presented new challenges for European Banking industries. In this study, we use a recently developed generalized metafrontier Malmquist productivity index (gMMPI) to provide insights on productivity growth. We extend the gMMPI to broaden the index`s capacity by decomposing various sources of productivity change in the metafrontier context. The sample contains commercial banks from 12 Western European countries prior to the recent financial crisis. A key advantage of our extension is that it introduces the role of scale effects. The empirical results show that an average bank`s productivity growth arises mainly from technical changes and scale effects. Moreover, smaller and larger banks grow faster than medium ones. In addition, conservative banks tend to grow faster. These findings suggest that a more competitive and integrated financial market induced by financial deregulation is indeed able to improve banks’ productivity.
Relation:	North American Journal of Economics and Finance, 36, 29-48
Data Type:	article
DOI link:	http://dx.doi.org/10.1016/j.najef.2015.11.005
DOI:	10.1016/j.najef.2015.11.005
Appears in Collections:	[Department of Money and Banking] Periodical Articles

Files in This Item:

File	Description	Size	Format
29-48.pdf		672Kb	Adobe PDF2	538	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...