Restrepo-Tobón, Diego A.; Kumbhakar, Subal C.; Sun, Kai - UNIVERSIDAD EAFIT - 2013
This paper presents new nonparametric measures of scale economies and TFP growth for U.S. banks. Unlike previous … estimating returns to scale, TFP growth and its components. Using data for U.S. commercial banks from 2001 to 2010, we find …, decrease with bank size, and contribute significantly to TFP growth. Our results indicate that almost all small and medium size …