Do mergers improve the X-efficiency and scale efficiency of U.S. Banks? Evidence from the 1980s

Journal of Money, Credit and Banking

Volumn 29, Issue 3, 1997, Pages 326-337

  Peristiani, Stavros ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0031520691     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.2307/2953697     Document Type: Article

References (12)

1. Akhavein, Jalal D., Allen N. Berger, and David B. Humphrey. "The Effects of Megamergers on Efficiency and Prices: Evidence from a Bank Profit Function." Review of Industrial Organization 12 (February 1997), 95-139.
2. Berger, Allen N. "'Distribution-free' Estimates of Efficiency in the U.S. Banking Industry and Tests of the Standard Distributional Assumptions." Journal of Productivity Analysis 4 (September 1993), 261-92.
3. Berger, Allen N., and David B. Humphrey. "Megamergers in Banking and the Use of Cost Efficiency as an Antitrust Defense." Antitrust Bulletin 37 (Fall 1992), 541-600.
4. DeYoung, Robert. "X-efficiency and Management Quality in Commercial Banks." Economic and Policy Analysis Working Paper 94-1, Office of the Comptroller of the Currency, 1994.
5. Mester, Loretta J. "A Multiproduct Cost Study of Savings and Loans." Journal of Finance 42 (June 1987), 423-45.
6. Peristiani, Stavros. "Do Mergers Improve the X-efficiency and Scale Efficiency of U.S. Banks? Evidence from the 1980s." Research Paper 96-23, Federal Reserve Bank of New York, 1996.
7. Rhoades, Stephen A. "Efficiency Effects of Horizontal (In-market) Bank Mergers." Journal of Banking and Finance 17 (April 1993), 411-22.
8. _. "A Summary of Merger Performance Studies in Banking, 1980-1993, and an Assessment of the 'Operating Performance' and 'Event Studies' Methodologies." System Staff Study No. 167, Board of Governors of the Federal Reserve, 1994.
9. Shaffer, Sherrill. "Can Mergers Improve Bank Efficiency?" Journal of Banking and Finance 17 (April 1993), 423-36.
10. Spindt, Paul A., and Vefa Tarhan. "Are There Synergies in Bank Mergers?" Working Paper, Tulane University, 1992.
11. _. "Performance Economies Associated with Small and Medium-Sized Bank Mergers. "Journal of Banking and Finance 17 (April 1993), 460-62.
12. Srinivasan, Aruna. "Are There Cost Savings from Bank Mergers?" Economic Review Federal Reserve Bank of Atlanta (March/April 1992), 17-28.