Cost efficiency analysis of Swedish financial enterprises: An empirical investigation

• Onur Akkaya ^[1]
  1. [1] University of Surrey

     University of Surrey

     Guildford District, Reino Unido

     
• Localización: European Research on Management and Business Economics, ISSN 2444-8834, Vol. 22, Nº. 1, 2016, págs. 31-37
• Idioma: inglés
• DOI: 10.1016/j.iedee.2013.10.001
• Enlaces
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• Resumen

  • In this paper, our research question that could analyze how efficiency in Swedish financial enterprises has changed since the banking crisis in 1993. We estimate the time-invariant and time-variant efficiencies of Swedish financial enterprises with four different estimators. These estimators are the Pooled Model (Aigner et al., 1977), the fixed effects model (Schmidt & Sickles, 1984), the random effects model (Battese & Coelli, 1995) and the TRUE fixed effects model (Greene, 2005) efficiency estimators. We predict cost function by employing panel stochastic frontier approach. These allow us to construct cost efficiency.

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