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...

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...

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...