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Strukturschwäche oder X-Ineffizienz?

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Lang, G., Welzel, P. Strukturschwäche oder X-Ineffizienz?. . Cost-Frontier-Analyse der bayerischen Genossenschaftsbanken. Credit and Capital Markets – Kredit und Kapital, 28(3), 403-430. https://doi.org/10.3790/ccm.28.3.403
Lang, Günter and Welzel, Peter "Strukturschwäche oder X-Ineffizienz?. Cost-Frontier-Analyse der bayerischen Genossenschaftsbanken. " Credit and Capital Markets – Kredit und Kapital 28.3, 1995, 403-430. https://doi.org/10.3790/ccm.28.3.403
Lang, Günter/Welzel, Peter (1995): Strukturschwäche oder X-Ineffizienz?, in: Credit and Capital Markets – Kredit und Kapital, vol. 28, iss. 3, 403-430, [online] https://doi.org/10.3790/ccm.28.3.403

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Strukturschwäche oder X-Ineffizienz?

Cost-Frontier-Analyse der bayerischen Genossenschaftsbanken

Lang, Günter | Welzel, Peter

Credit and Capital Markets – Kredit und Kapital, Vol. 28 (1995), Iss. 3 : pp. 403–430

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Article Details

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Günter Lang, Augsburg

Peter Welzel, Augsburg

References

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Abstract

Structural Disadvantages or X-Inefficiency? A Cost Frontier Analysis for German Co-operative Banks

Data from 764 German co-operative banks are used to estimate multi-product translog cost functions for the quartils with the lowest and the highest average costs in the sample. Based on these cost functions measures of a structural inefficiency, of X-inefficiency, and of technical and allocative inefficiencies are calculated. The results point to the considerable extent of cost inefficiency in general and of technical inefficiency in particular. Given that economies of scale and scope turn out to be rather small, cost management seems to be more important for reducing costs than the merger and acquisition activities observed so frequently in this segment of German banking during recent years.