Servin, Roselia; Lensink, Robert; van den Berg, Marrit - In: Journal of Banking & Finance 36 (2012) 7, pp. 2136-2144
By using stochastic frontier analysis, this article examines the technical efficiency of different types of … microfinance institutions in Latin America. In particular, it tests whether differences in technical efficiency, both intra- and … unions, non-bank financial intermediaries, and banks, the data set contains 1681 observations from a panel of 315 …