A note on efficiency and productivity growth in the Korean Banking [An article from: Journal of Banking and Finance]
Book Details
Author(s)K.H. Park, W.L. Weber
PublisherElsevier
ISBN / ASINB000P6O8SE
ISBN-13978B000P6O8S8
AvailabilityAvailable for download now
MarketplaceUnited States 🇺🇸
Description
This digital document is a journal article from Journal of Banking and Finance, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
In this paper we present estimates of Korean bank inefficiency and productivity change for the period 1992-2002 that are derived from the directional technology distance function. Our method controls for loan losses that are an undesirable by-product arising from the production of loans and allows the aggregation of individual bank inefficiency and productivity growth to the industry level. Our findings indicate that technical progress during the period was more than enough to offset efficiency declines so that the banking industry experienced productivity growth.
Description:
In this paper we present estimates of Korean bank inefficiency and productivity change for the period 1992-2002 that are derived from the directional technology distance function. Our method controls for loan losses that are an undesirable by-product arising from the production of loans and allows the aggregation of individual bank inefficiency and productivity growth to the industry level. Our findings indicate that technical progress during the period was more than enough to offset efficiency declines so that the banking industry experienced productivity growth.
