125
Views
6
CrossRef citations to date
0
Altmetric
Original Articles

Semiparametric Approaches to Stochastic Panel Frontiers With Applications in the Banking Industry

, &
Pages 349-358 | Published online: 02 Jul 2012

REFERENCES

  • Aigner , D. , Lovell , C. A. K. and Schmidt , P. 1977 . “Formulation and Estimation of Stochastic Frontier Production Function Models,” . Journal of Econometrics , 6 : 21 – 37 .
  • Akhavein , J. D. , Swamy , P. A. V. B. , Taubman , S. B. and Singamsetti , R. N. 1997 . “A General Method of Deriving the Efficiencies of Banks From a Profit Function,” . Journal of Productivity Analysis , 8 : 71 – 93 .
  • Amemiya , T. and McCurdy , T. E. 1984 . “Instrumental-Variable Estimation of an Error-Components Model,” . Econometrica , 54 : 869 – 880 .
  • Bauer , P. W. , Berger , A. N. , Ferrier , G. D. and Humphrey , D. B. 1998 . “Consistency Conditions for Regulatory Analysis of Financial Institutions: A Comparison of Frontier Efficiency Methods,” . Journal of Economics and Business , 50 : 85 – 114 .
  • Bauer , P. W. , Berger , A. N. and Humphrey , D. B. 1993 . “Measurement and Efficiency Issues in Commercial Banking,” . In Output Measurement in the Service Sectors , Edited by: Griliches , Z. 245 – 279 . Chicago : National Bureau of Economic Research, University of Chicago Press .
  • Berger , A. N. 1993 . “‘Distribution-Free’ Estimates of Efficiency in U.S. Banking Industry and Tests of the Standard Distributional Assumptions,” . Journal of Productivity Analysis , 4 : 261 – 292 .
  • Berger , A. N. , Hancock , D. and Humphrey , D. 1993 . “Bank Efficiency Derived From the Profit Function,” . Journal of Banking and Finance , 17 : 317 – 347 .
  • Berger , A. N. and Hannan , T. H. 1998 . “The Efficiency of Market Power in the Banking Industry: A Test of the ‘Quiet Life’ and Related Hypotheses,” . Review of Economics and Statistics , 80 : 454 – 465 .
  • Berger , A. N. and Humphrey , D. 1991 . “The Dominance of Inefficiencies Over Scale and Product Mix Economies in Banking,” . Journal of Monetary Economics , 28 : 117 – 148 .
  • Berger , A. N. and Humphrey , D. 1992a . “Measurement and Efficiency Issues in Commercial Banking,” . In Output Measurement in the Service Sectors , Edited by: Griliches , Z. 245 – 279 . Chicago : National Bureau of Economic Research, University of Chicago Press .
  • Berger , A. N. and Humphrey , D. 1992b . “Megamergers in Banking and the Use of Cost Efficiency as an Antitrust Defense,” . Antitrust Bulletin , : 541 – 600 .
  • Berger , A. N. and Humphrey , D. 1997 . “Efficiency of Financial Institutions: International Survey and Directions for Future Research,” . European Journal of Operational Research , 98 : 175 – 212 .
  • Berger , A. N. and Mester , L. J. 1997 . “Inside the Black Box: What Explains Differences in the Efficiencies of Financial Institutions?” . Journal of Banking and Finance , 21 : 895 – 947 .
  • Bickel , P. J. , Klaassen , C. A. J. , Ritov , Y. and Wellner , J. A. 1993 . Efficient and Adaptive Estimation in Non- and Semiparametric Models. , Baltimore : Johns Hopkins University Press .
  • Breusch , T. S. , Mizon , G. E. and Schmidt , P. 1989 . “Efficient Estimation Using Panel Data,” . Econometrica , 57 : 695 – 700 .
  • Cornwell , C. , Schmidt , P. and Sickles , R. C. 1990 . “Production Frontiers With Cross-sectional and Time Series Variation in Efficiency Levels,” . Journal of Econometrics , 46 : 185 – 200 .
  • Diewert , W. E. 1982 . “Duality Approaches to Microeconomic Theory,” . In Handbook of Mathematical Economics, Volume II , Edited by: Arrow , K. J. and Intrilligator , M. D. 535 – 599 . Amsterdam : North-Holland .
  • English , M. , Grosskopf , S. , Hayes , K. and Yaisawarng , S. 1993 . “Output Allocative and Technical Efficiency of Banks,” . Journal of Banking and Finance , 17 : 349 – 366 .
  • Ferrier , G. D. , Grosskopf , S. , Hayes , K. and Yaisawarng , S. 1993 . “Economies of Diversification in the Banking Industry: A Frontier Approach,” . Journal of Monetary Economics , 31 : 229 – 249 .
  • Ferrier , G. D. and Lovell , C. A. K. 1990 . “Measuring Cost Efficiency in Banking: Econometric and Linear Programming Evidence,” . Journal of Econometrics , 46 : 229 – 245 .
  • Fixler , D. J. and Zieschang , K. D. 1991 . “Pricing Imputation Problems in Commercial Banking: A Production Function Approach,” , Washington , DC : U.S. Bureau of Labor Statistics . working paper
  • Haerdle , W. 1990 . Applied Nonparametric Regression , Cambridge , , U.K. : Cambridge University Press .
  • Hausman , J. A. and Taylor , E. E. 1981 . “Panel Data and Unobservable Individual Effects,” . Econometrica , 49 : 1377 – 1398 .
  • Kneip , A. and Simar , L. 1996 . “A General Framework for Frontier Estimation With Panel Data,” . Journal of Productivity Analysis , 1 : 187 – 212 .
  • Lang , G. and Welzel , P. 1996 . “Efficiency and Technical Progress in Banking: Empirical Results for a Panel of German Cooperative Banks,” . Journal of Banking and Finance , 20 : 1003 – 1023 .
  • Li , Q. 1996 . “On Root-n-consistent Semiparametric Estimation of Partially Linear Models,” . Economics Letters , 51 : 277 – 285 .
  • Lovell , C. A. K. , Richardson , S. , Travers , P. and Wood , L. 1994 . “Resources and Functionings: A New View of Inequality in Australia,” . In Models and Measurement of Welfare and Inequality , Edited by: Eichhorn , W. Berlin : Springer-Verlag .
  • McAllister , P. H. and McManus , D. 1993 . “Resolving the Scale Efficiency Puzzle in Banking,” . Journal of Banking and Finance , 17 : 389 – 405 .
  • Meeusen , W. and van den Broeck , J. 1977 . “Efficiency Estimation From Cobb—Douglas Production Functions With Composed Error,” . International Economic Review , 18 : 435 – 444 .
  • Newey , W. K. 1990 . “Semiparametric Efficiency Bounds,” . Journal of Applied Econometrics , 5 : 99 – 136 .
  • Park , B. U. , Sickles , R. C. and Simar , L. 1998 . “Stochastic Frontiers: A Semiparametric Approach,” . Journal of Econometrics , 84 : 273 – 301 .
  • Park , B. U. and Simar , L. 1995 . “Efficient Semiparametric Estimation in Stochastic Frontier Models,” . Journal of the American Statistical Association , 89 : 929 – 936 .
  • Robinson , P. 1988 . “Root-N-consistent Semiparametric Regression,” . Econometrica , 56 : 931 – 954 .
  • Schmidt , P. and Sickles , R. C. 1984 . “Production Frontiers and Panel Data,” . Journal of Business & Economic Statistics , 2 : 367 – 374 .
  • Scott , D. W. 1992 . Multivariate Density Estimation: Theory, Practice and Visualization. , New York : Wiley .
  • Silverman , B. W. 1986 . Density Estimation for Statistics and Data Analysis , London : Chapman and Hall .
  • Wheelock , D. C. and Wilson , P. W. 1997 . “New Evidence on Returns to Scale and Product Mix Among U.S. Commercial Banks,” , Federal Reserve Bank of St. Louis . mimeo

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.