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Économies d’échelle et de gamme dans les Caisses Desjardins

  • Fortin, Mario

    (Université de Sherbrooke)

  • Leclerc, André

    (Université de Moncton (campus d’Edmundston))

  • Thivierge, Claude

    (Statistique Canada)

Using accounting data from 1,073 Caisses populaires et d’économie Desjardins, we estimated a translogarithmic multi-product cost function enabling us to test for economies of scale and scope. Using the production approach, we defined six products, three inputs and three control variables to capture the cost heterogeneity stemming from short-term asset growth, localization of activities and clients' average wealth. We detected global scale economies, the output elasticity of the cost function being 0.98 and statistically less than one. However, global scope economies are much more important since the joint production allows for a cost savings of almost 50 %. Nous utilisons les données comptables de 1 073 caisses populaires et d’économies Desjardins du Québec pour estimer une fonction de coût translogarithmique multiproduits dans le but de tester la présence d’économies d’échelle et de gamme. En utilisant l’approche par la production, nous définissons six catégories de produits, trois sortes d’intrants et trois variables de contrôle. Ces variables permettent de mesurer l’hétérogénéité de coûts provenant de la croissance à court terme de l’actif, de la densité d’occupation du sol et de la richesse de la clientèle. Nos résultats montrent que l’élasticité du coût par rapport à la production est de 0,98 et significativement inférieure à l’unité. Il y a donc de faibles économies d’échelle. Les économies de gamme semblent nettement plus importantes puisque nos estimés suggèrent que la production jointe permet de réduire les coûts d’opération de près de 50 %.

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Article provided by Société Canadienne de Science Economique in its journal L'Actualité économique.

Volume (Year): 76 (2000)
Issue (Month): 3 (septembre)
Pages: 393-421

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Handle: RePEc:ris:actuec:v:76:y:2000:i:3:p:393-421
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