Credit market freedom and cost efficiency in US state banking
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- 作者：Georgios Chortareas ; georgios.chortareas@kcl.ac.uk" class="auth_mail" title="E-mail the corresponding author ; George Kapetanios g.kapetanios@qmul.ac.uk" class="auth_mail" title="E-mail the corresponding author ; Alexia Ventouri alexia.ventouri@kcl.ac.uk" class="auth_mail" title="E-mail the corresponding author
- 关键词：C1 ; G01 ; G21 ; G28
- 刊名：Journal of Empirical Finance
- 出版年：2016
- 出版时间：June 2016
- 年：2016
- 卷：37
- 期：Complete
- 页码：173-185
- 全文大小：317 K
文摘
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We investigate the relationship between market freedom and bank efficiency.
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We estimate cost efficiency scores using the Data Envelopment Analysis.
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We develop a fractional regression model to test our hypotheses.
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Strong link between credit market freedom and cost efficiency.
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Freer market systems can improve efficiency levels for US states.