Technical Progress, Inefficiency, and Productivity Change in U.S. Banking, 1984-1993

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Technical Progress, Inefficiency and Productivity Change in U.S. Banking, 1984-1993

Numerous studies have found that US commercial banks are quite inefficient, and we find that, on average, banks became more technically inefficient between 1984 and 1993. Our analysis of productivity change, however, shows that technological improvements adopted by a few banks pushed out the efficient frontier, and that, on average, commercial banks experienced productivity gains. For banks wit...

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ژورنال

عنوان ژورنال: Journal of Money, Credit and Banking

سال: 1999

ISSN: 0022-2879

DOI: 10.2307/2601230