Operational efficiency in banking: An international comparison - Reply

被引:5
作者
Allen, L [1 ]
Rai, A [1 ]
机构
[1] HOFSTRA UNIV,SCH BUSINESS,DEPT BANKING & FINANCE,HEMPSTEAD,NY 11550
关键词
X-inefficiency; stochastic cost frontier; distribution free model;
D O I
10.1016/S0378-4266(97)00029-0
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
To avoid problems associated with Jensen's inequality, we use a corrected inefficiency measure to compare the estimate of inefficiency obtained using the distribution free (DF) method with the estimate obtained using the stochastic cost frontier (SCF). The results of the paper are unchanged. The DF method yields measures of inefficiency that are significantly higher than measures obtained using the SCF.
引用
收藏
页码:1451 / 1455
页数:5
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JOURNAL OF BANKING & FINANCE, 1996, 20 (06) :1025-1045
[2]  
WINKLER RL, 1975, STATISTICS