Sánchez, Luis Orea; Cuesta, Rafael Álvarez - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1998
The aim of this paper is to test the temporal variation of technical efficiency of the Spanish Savings Banks during the period 1985-1994. Furthermore, a stochastic output distance function (Shephard, 1970) is employed to accommodate multiple output technology. The distance function provides the...