The X-efficiency of commercial banks in Hong Kong
Using the stochastic frontier approach to investigate the cost efficiency of commercial banks in Hong Kong, this paper found that the average X-efficiency of Hong Kong banks was about 16–30% of observed total costs. However, X-efficiency was found to decline over time, indicating that Hong Kong bank...
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| Veröffentlicht in: | Journal of banking & finance 2006-04, Vol.30 (4), p.1127-1147 |
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| container_title | Journal of banking & finance |
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| creator | Kwan, Simon H. |
| description | Using the stochastic frontier approach to investigate the cost efficiency of commercial banks in Hong Kong, this paper found that the average X-efficiency of Hong Kong banks was about 16–30% of observed total costs. However, X-efficiency was found to decline over time, indicating that Hong Kong banks were operating closer to the cost frontier than before, consistent with technological innovations in the banking industry. Furthermore, the average large bank was found to be less efficient than the average small bank, but the size effect appears to be related to differences in portfolio characteristics among different size banks. |
| doi_str_mv | 10.1016/j.jbankfin.2005.05.016 |
| format | Article |
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Furthermore, the average large bank was found to be less efficient than the average small bank, but the size effect appears to be related to differences in portfolio characteristics among different size banks.</description><subject>Asian studies</subject><subject>Bank efficiency</subject><subject>Banking</subject><subject>Banks</subject><subject>Commercial banks</subject><subject>Correlation analysis</subject><subject>Cost-effectiveness</subject><subject>Efficiency</subject><subject>Finance</subject><subject>Hong Kong</subject><subject>Hong Kong banking</subject><subject>Innovation</subject><subject>Operating costs</subject><subject>Size of enterprise</subject><subject>Stochastic models</subject><subject>Technological change</subject><subject>Technology</subject><subject>X-efficiency</subject><issn>0378-4266</issn><issn>1872-6372</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2006</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><recordid>eNqFUMFu2zAMFYYWWJruFwZjh96cipItKbcVRbsWDbBLC_QmWDS1yIvtTEoC5O8nL1sPvYzgIy_vPZCPsc_AF8BBXXeLzjXDTx-GheC8XkwN6gObgdGiVFKLMzbjUpuyEkp9ZBcpdTyXATlj8Lym4rUk7wMGGvBYjL7Ase8pYmg2xeScijAUD-Pwo3jK45Kd-2aT6NPfPWcv93fPtw_l6vu3x9ubVYm1FrtScKVdBV7UvEaPXhNHbgiFM9I7lEvZSJJeGgdArSPCFnQLaNBxXXkn5-zq5LuN4689pZ3tQ0LabJqBxn2yUlW14LXJxC_viN24j0O-zcKyWoIBrjJJnUgYx5QiebuNoW_i0QK3U4y2s_9itFOMdmqYhKuTMNKW8E1FRJ3L3MYebP6E53HMyEqVV8ioMrYZAEJbgErb9a7Pdl9PdpSjOwSKNv3JndoQCXe2HcP_LvoN5luXFw</recordid><startdate>20060401</startdate><enddate>20060401</enddate><creator>Kwan, Simon H.</creator><general>Elsevier B.V</general><general>Elsevier</general><general>Elsevier Sequoia S.A</general><scope>DKI</scope><scope>X2L</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>20060401</creationdate><title>The X-efficiency of commercial banks in Hong Kong</title><author>Kwan, Simon H.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c572t-2067b41f2505cfcf7e0c08ec2b83fbc393a3e3f38b11edbeecd17d1c8cb074fb3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2006</creationdate><topic>Asian studies</topic><topic>Bank efficiency</topic><topic>Banking</topic><topic>Banks</topic><topic>Commercial banks</topic><topic>Correlation analysis</topic><topic>Cost-effectiveness</topic><topic>Efficiency</topic><topic>Finance</topic><topic>Hong Kong</topic><topic>Hong Kong banking</topic><topic>Innovation</topic><topic>Operating costs</topic><topic>Size of enterprise</topic><topic>Stochastic models</topic><topic>Technological change</topic><topic>Technology</topic><topic>X-efficiency</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Kwan, Simon H.</creatorcontrib><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Journal of banking & finance</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Kwan, Simon H.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The X-efficiency of commercial banks in Hong Kong</atitle><jtitle>Journal of banking & finance</jtitle><date>2006-04-01</date><risdate>2006</risdate><volume>30</volume><issue>4</issue><spage>1127</spage><epage>1147</epage><pages>1127-1147</pages><issn>0378-4266</issn><eissn>1872-6372</eissn><coden>JBFIDO</coden><abstract>Using the stochastic frontier approach to investigate the cost efficiency of commercial banks in Hong Kong, this paper found that the average X-efficiency of Hong Kong banks was about 16–30% of observed total costs. 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| ispartof | Journal of banking & finance, 2006-04, Vol.30 (4), p.1127-1147 |
| issn | 0378-4266 1872-6372 |
| language | eng |
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| source | RePEc; Elsevier ScienceDirect Journals |
| subjects | Asian studies Bank efficiency Banking Banks Commercial banks Correlation analysis Cost-effectiveness Efficiency Finance Hong Kong Hong Kong banking Innovation Operating costs Size of enterprise Stochastic models Technological change Technology X-efficiency |
| title | The X-efficiency of commercial banks in Hong Kong |
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