Efficiency in Australian Building Societies: An Econometric Cost Function Approach Using Panel Data

(1998) Efficiency in Australian Building Societies: An Econometric Cost Function Approach Using Panel Data. Applied Financial Economics, 8(5), pp. 459-467.

[img]
Preview
PDF (75kB)
2709.pdf.

View at publisher

Description

Maximum-likelihood estimates of a stochastic cost frontier function incorporating efficiency effects are obtained for twenty-two Australian building societies in the period 1992-1995. Cost inefficiency scores indicate that building societies’ costs were twenty percent above what could be considered necessary. The results also indicate that capital adequacy restrictions are not a significant influence on the level of inefficiency; though branch and agency networks, asset size, and non-core commercial activities are. At the industry level that there has been an improvement in the level of cost efficiency of Australian building societies during the period in question.

Impact and interest:

12 citations in Scopus
Search Google Scholar™

Citation counts are sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

Full-text downloads:

815 since deposited on 25 Nov 2005
13 in the past twelve months

Full-text downloads displays the total number of times this work’s files (e.g., a PDF) have been downloaded from QUT ePrints as well as the number of downloads in the previous 365 days. The count includes downloads for all files if a work has more than one.

ID Code: 2709
Item Type: Contribution to Journal (Journal Article)
Refereed: Yes
Measurements or Duration: 9 pages
DOI: 10.1080/096031098332754
ISSN: 0960-3107
Pure ID: 34445492
Divisions: Past > QUT Faculties & Divisions > QUT Business School
Current > Schools > School of Economics & Finance
Copyright Owner: Consult author(s) regarding copyright matters
Copyright Statement: This work is covered by copyright. Unless the document is being made available under a Creative Commons Licence, you must assume that re-use is limited to personal use and that permission from the copyright owner must be obtained for all other uses. If the document is available under a Creative Commons License (or other specified license) then refer to the Licence for details of permitted re-use. It is a condition of access that users recognise and abide by the legal requirements associated with these rights. If you believe that this work infringes copyright please provide details by email to qut.copyright@qut.edu.au
Deposited On: 25 Nov 2005 00:00
Last Modified: 03 Mar 2024 17:13