Choi, Onelack; Stefanou, Spiro E.; Stokes, Jeffrey R. - In: Agricultural Finance Review 67 (2007) 1, pp. 55-73
A balanced panel data set covering 519 U.S. agricultural banks is constructed for the period 1996S2005. Cost efficiency … various bank specific characteristics to explain the cost efficiency differences of agricultural banks. The results indicate … measure, (b) older agricultural banks tend to be more efficient, (c) regulation may deteriorate efficiency levels, (d) bigger …