Electronic Resource
Oxford, UK and Boston, USA
:
Blackwell Publishers Ltd
Bulletin of economic research
54 (2002), S. 0
ISSN:
1467-8586
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Economics
Notes:
This article investigates the effect of alternative ownership structures, stock versus mutual, on the cost of production of Spanish depository institutions. By introducing a stochastic frontier analysis in estimating the best–practiced expense–preference behaviour, the empirical approach adjusts for the possibility that the two sectors of the banking industry employ different production technologies and finds evidence that is consistent with expense–preference behaviour by the mutual savings banks.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/1467-8586.00144
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