Bài báo/NewspaperAuthors: Allen N. Berger (1993)
Both input and output inefficiencies are derived from a profit function for US banks. These
inefficiencies are decomposed into allocative and technical components in a new way using
shadow prices. About half of all potential variable prolits are estimated to be lost to inefliciency.
Most inefficiencies are from deficient output revenues, rather than excessive input costs. Larger
banks are found to be more efficient than smaller banks, which may offset scale diseconomies
found elsewhere. Tests of a new concept, ‘optimal scope economies’, suggest that joint
production is optimal for most banks, but that specialization is optimal for others. 
