Fung, Michael K.; Cheng, Arnold C.S. - In: Global Finance Journal 21 (2010) 2, pp. 201-210
Are the less productive banks catching up to the more productive ones and, if so, how quickly and by what means? The objective of this study is to answer these questions by looking for convergence in total factor productivity (TFP) among banks in Hong Kong. Past research has identified two major...