Efficiency of financial institutions: International survey and directions for future research
本文调查了21个国家的130项关于金融机构前沿效率分析的研究，总结并评述了实证估计结果，探讨了效率方法的一致性及改进方向，并讨论了效率结果对政府政策、研究和管理的启示。
This paper surveys 130 studies that apply frontier efficiency analysis to financial institutions in 21 countries. The primary goals are to summarize and critically review empirical estimates of financial institution efficiency and to attempt to arrive at a consensus view. We find that the various efficiency methods do not necessarily yield consistent results and suggest some ways that these methods might be improved to bring about findings that are more consistent, accurate, and useful. Secondary goals are to address the implications of efficiency results for financial institutions in the areas of government policy, research, and managerial performance. Areas needing additional research are also outlined.