Journal of
Marketing Development and Competitiveness
Scholar Gateway
Abstracts prior to volume 5(1) have been archived!
Issue 5(1), October 2010 -- Paper AbstractsGirard (p. 9-22)
Cooper (p. 23-32)Kunz-Osborne (p. 33-41)Coulmas-Law (p.42-46)Stasio (p. 47-56)Albert-Valette-Florence (p.57-63)Zhang-Rauch (p. 64-70)Alam-Yasin (p. 71-78)Mattare-Monahan-Shah (p. 79-94)Nonis-Hudson-Hunt (p. 95-106) 
JOURNAL OF APPLIED BUSINESS AND ECONOMICS
The Effects of Financial Regulation on Cost Efficiency: Evidence From the Hong Kong Banking Industry
Author(s): Agol Wai Ming Ho, Kevin Chi Keung Li
Citation: Agol Wai Ming Ho, Kevin Chi Keung Li, (2020) "The Effects of Financial Regulation on Cost Efficiency: Evidence From the Hong Kong Banking Industry," Journal of Applied Business and Economics, Vol. 22, Iss.12, pp. 91-103
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This paper constructs a transcendental logarithmic cost function for describing the production technology of banks. Rather than adopting traditional approaches, this paper develops a new approach to specify the essential outputs and inputs of banks. It is finds that banks had to tolerate higher operating costs in the first few years after the removal of regulations. In response, banks sought for new revenue by expanding feebased financial services rather than reduced operating costs by adjusting their input combinations or output combinations. The deregulation also forced banks to pursue active technical progress, and larger banks performed better than smaller banks.
