IDEAS home Printed from https://ideas.repec.org/a/ucp/jnlbus/v64y1991i3p339-62.html
   My bibliography  Save this article

Technological Change in Large U.S. Commercial Banks

Author

Listed:
  • Hunter, William C
  • Timme, Stephen G

Abstract

This article examines technological change, its relationship to firm size, and its impact on the efficient scale of output and product mix for large U.S. commercial banks. The results suggest that technological change lowered real costs by about one percent per year, increased the cost-minimizing scale of outputs, and affected product mix. The authors do not find support for the Galbraith-Schumpeter hypothesis. This suggests that the largest banks cannot use innovation alone to outpace smaller banks. The major implications are that public policies allowing freer banking combinations do not necessarily run counter to the public interest. Copyright 1991 by University of Chicago Press.

Suggested Citation

  • Hunter, William C & Timme, Stephen G, 1991. "Technological Change in Large U.S. Commercial Banks," The Journal of Business, University of Chicago Press, vol. 64(3), pages 339-362, July.
  • Handle: RePEc:ucp:jnlbus:v:64:y:1991:i:3:p:339-62
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1086/296541
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ucp:jnlbus:v:64:y:1991:i:3:p:339-62. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Journals Division). General contact details of provider: http://www.journals.uchicago.edu/JB/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.