The paper empirically quantifies technical change for the UK retail banking sector between 1984 and 1995. A time trend model is used to measure average technical change. Bank production is represented with 'intermediation' and 'production' models. Translog cost models are estimated using a SUR...

The paper quantifies the relative efficiency of the ten privatized water and sewerage companies between 1987 and 1997. A one-component fixed-effects panel data model is used to estimate a cost function from which distribution-free firm-specific estimates of operational cost efficiency are...

This study examines whether geographical differences in deposit interest rate setting persists in a bank market with national bank branching. As most UK retail banks have located their branch networks in different combinations within the regions and nations of the United Kingdom, the...