Número:
292
Publicado:
Clasificación JEL:
C23, D24, G21, L11
Palabras clave:
Frontier, efficiency, Cost, Profit

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Luis Fernando Melo-Velandia, Daniel Parra-Amado, Juan Pablo Bermúdez-Cespedes
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In this paper we discuss cost and profit efficiency for a sample of financial institutions on the Colombian financial market in the period 1989-2003, using stochastic frontier efficiency analysis. During the period, the cost efficient frontier deteriorate