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Technical Progress, Inefficiency, and Productivity Change in U.S. Banking, 1984-1993 Author info | Abstract | Publisher info | Download info | Related research | Statistics Wheelock, David C
Wilson, Paul W
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Studies often find that, on average, U.S. commercial banks are quite inefficient, and the authors find that banks became more technically inefficient between 1984 and 1993. From a new decomposition of the Malmquist productivity index into changes in pure-technical and scale efficiency, as well as both pure technical changes and changes in scale of technology, they find that much of the inefficiency increase can be attributed to the general failure of banks to adopt technological improvements made by a few banks that advanced the efficient frontier. Small banks experienced especially large decreases in both efficiency and productivity.
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Article provided by Blackwell Publishing in its journal Journal of Money, Credit and Banking .
Volume (Year): 31 (1999)
Issue (Month): 2 (May)
Pages: 212-34
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Handle: RePEc:mcb:jmoncb:v:31:y:1999:i:2:p:212-34Contact details of provider: Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-2879
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Loretta J. Mester, 1987.
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Berger, Allen N. & Hanweck, Gerald A. & Humphrey, David B., 1987.
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Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Emili Tortosa-Ausina, 2000.
"Inefficient banks or inefficient assets? ,"
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Allen N. Berger & Loretta J. Mester, 2001.
"Explaining the Dramatic Changes in Performance of U.S. Banks: Technological Change, Deregulation and Dynamic Changes in Competition ,"
Center for Financial Institutions Working Papers
01-22, Wharton School Center for Financial Institutions, University of Pennsylvania.
[Downloadable!]
Other versions:
Allen N. Berger & Loretta J. Mester, 2002.
"Explaining the dramatic changes in performance of U.S. banks: technological change, deregulation, and dynamic changes in competition ,"
Working Papers
01-6, Federal Reserve Bank of Philadelphia.
[Downloadable!] Berger, Allen N. & Mester, Loretta J., 2003.
"Explaining the dramatic changes in performance of US banks: technological change, deregulation, and dynamic changes in competition ,"
Journal of Financial Intermediation ,
Elsevier, vol. 12(1), pages 57-95, January.
[Downloadable!] (restricted) Delmas, Magali & Tokat, Yesim, 2003.
"Deregulation Process, Governance Structures and Efficiency: The U.S. Electric Utility Sector ,"
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Moffat, Boitnmelo & Valadkhani, Abbas, 2008.
"Technical efficiency in Botswana’s financial institutions: a DEA approach ,"
Economics Working Papers
wp08-14, School of Economics, University of Wollongong, NSW, Australia.
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Trevor Fitzpatrick & Kieran McQuinn, 2005.
"Labour Cost Efficiency in UK and Irish Credit Institutions ,"
The Economic and Social Review ,
Economic and Social Studies, vol. 36(1), pages 45â66.
[Downloadable!]
Allen N. Berger & W. Scott Frame & Nathan H. Miller, 2002.
"Credit scoring and the availability, price, and risk of small business credit ,"
Working Paper
2002-6, Federal Reserve Bank of Atlanta.
[Downloadable!]
Other versions:
Allen N. Berger & W. Scott Frame & Nathan H. Miller, 2002.
"Credit scoring and the availability, price, and risk of small business credit ,"
Finance and Economics Discussion Series
2002-26, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!] Berger, Allen N & Frame, W Scott & Miller, Nathan H, 2005.
"Credit Scoring and the Availability, Price, and Risk of Small Business Credit ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 37(2), pages 191-222, April.
David C. Wheelock & Paul Wilson, 2008.
"Are credit unions too small? ,"
Working Papers
2008-033, Federal Reserve Bank of St. Louis.
[Downloadable!]
Jorge Eduardo Galán Camacho & Miguel Sarmiento Paipilla, .
"Banknote Printing At Modern Central Banking: Trends, Costs, And Efficiency ,"
Borradores de Economia
476, Banco de la Republica de Colombia.
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Other versions: Emili Tortosa Ausina, 2002.
"Sensitivity Analysis Of Efficiency And Malmquist Productivity Indices: An Application To Spanish Savings Banks ,"
Working Papers. Serie EC
2002-30, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
[Downloadable!]
Sophocles N. Brissimis & Manthos D. Delis & Nikolaos I. Papanikolaou, 2008.
"Exploring the Nexus between Banking Sector Reform and Performance: Evidence from Newly Acceded EU Countries ,"
Working Papers
73, Bank of Greece.
[Downloadable!]
Other versions:
N. Papanikolaou & M. Delis & S. Brissimis, 2008.
"Exploring the nexus between banking sector reform and performance: Evidence from newly acceded EU countries ,"
DEOS Working Papers
0917, Athens University of Economics and Business.
[Downloadable!] Brissimis, Sophocles N. & Delis, Manthos D. & Papanikolaou, Nikolaos I., 2008.
"Exploring the nexus between banking sector reform and performance: Evidence from newly acceded EU countries ,"
Journal of Banking & Finance ,
Elsevier, vol. 32(12), pages 2674-2683, December.
[Downloadable!] (restricted)
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