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Please use this identifier to cite or link to this item: https://dspace.lboro.ac.uk/2134/433

Title: Economies of scale in UK building societies: a re-appraisal using an entry/exit model
Authors: Drake, Leigh M.
Simper, Richard
Keywords: building societies
scale efficiency
technological change
cost frontier analysis
entry/exit model
Issue Date: 2000
Abstract: This study advances an entry/exit model to analyse the scale efficiency of UK building societies. We find that there are considerable divergences across building societies in levels of scale efficiency and also in technological change during the sample period 1992-1997. The paper also finds that scale economies and technological change estimates are dependent on whether the econometrician balances a panel data set or utilises the entry/exit model based on Dionne et al’s (1998) specification. In general, scale economies in UK building societies are found to be more significant and more pervasive than in previous studies.
Description: Economics Research Paper, no.00-08
URI: https://dspace.lboro.ac.uk/2134/433
Appears in Collections:Working Papers (Economics)

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