Strukturschwäche oder X-Ineffizienz?
Year: 1995
Author: Lang, Günter, Welzel, Peter
Credit and Capital Markets – Kredit und Kapital, Vol. 28 (1995), Iss. 3 : pp. 403–430
Abstract
Structural Disadvantages or X-Inefficiency? A Cost Frontier Analysis for German Co-operative Banks
Data from 764 German co-operative banks are used to estimate multi-product translog cost functions for the quartils with the lowest and the highest average costs in the sample. Based on these cost functions measures of a structural inefficiency, of X-inefficiency, and of technical and allocative inefficiencies are calculated. The results point to the considerable extent of cost inefficiency in general and of technical inefficiency in particular. Given that economies of scale and scope turn out to be rather small, cost management seems to be more important for reducing costs than the merger and acquisition activities observed so frequently in this segment of German banking during recent years.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/ccm.28.3.403
Credit and Capital Markets – Kredit und Kapital, Vol. 28 (1995), Iss. 3 : pp. 403–430
Published online: 1995-03
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 28
Author Details
Lang, Günter Email
Welzel, Peter Email
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