efficiency and cost growth rates for these banks. The results show that the average scale of these banks is larger than optimal … scale. It means that the increase of banks' scale has positive relationship to cost efficiency and allocation efficiency … generalized method of moment dynamic panel model results indicate that the cost growth rate of Taiwanese banks exhibits …

commercial banks and adopt Arellano and Bond's (1991) generalized method of moments approach to conduct our empirical analysis …

. Incentive of commercial banks to lower transaction costs is also very important. Although shifting business off balance sheet …

's markets for investment and credit. An ETPL's underlying is a standardised commercial bank loan. With loan issue it is ‘pieced … better lending decisions. ETPLs also offer the potential to better align the interests of banks stakeholders, leverage bank …

English Abstract: The authors review the availability and allocation of commercial credit in China, the investment … options presented to savers and the funding options available to Chinese banks. They highlight the markets intrinsic … deficiencies, vast externalities and tremendous potentials for moral hazard, that arise as banks push depositor funds into poorly …