登入選單

返回Google圖書搜尋

Cost X-Efficiency in China's Banking Sector

Shelagh Heffernan

出版	SSRN, 2006
URL	http://books.google.com.hk/books?id=cm_IzgEACAAJ&hl=&source=gbs_api

註釋

Employing the stochastic frontier approach, this paper investigates cost X-efficiency in China's banking sector over the period 1985-2002. The objective is to assess whether different ownership types and banking reforms affect X-efficiency. A two-stage regression model is estimated to identify the significant variables influencing X-efficiency. The results show that on average, banks are operating 50-60% below the X-efficiency frontier. The jointstock banks are found to be more X-efficient than the state-owned commercial banks, and it appears that X-efficiency was higher during the first phase of bank reform.