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| Author: | McKillop, D. Glass, C. |
| Title: | A cost model of building societies as producers of mortgages and other financial products |
| Journal: | Journal of Business Finance and Accounting
1994 : OCT, VOL. 21:7, P. 1031-1046 |
| Index terms: | MORTGAGES COSTS FINANCE |
| Language: | eng |
| Abstract: | This study examines the structural characteristics of UK building societies. The analysis views societies as multi-product firms which produce both mortgage and non-mortgage products. A two output, three input hybrid translog cost function is employed to obtain econometric measures of overall and augmented economies of scale; input-specific and augmented input-specific economies of scale; product-specific economies and economies of scale. |
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