Hall, Maximilian J. B.; Simper, Richard - In: Applied Financial Economics 23 (2013) 10, pp. 881-890
Using a translog cost function, we first estimate the economies of scale and then calculate the bank-specific scale elasticities for Korean banks over the period 2007Q2 to 2011Q2. We find that all the National banks operate with significant economies of scale, with bank-specific scale...
