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題名：台灣地區銀行成本無效率之分析-考量資產負債表外產出
作者：葉彩蓮 引用關係
作者(外文)：Yeh Tsai-Lien
校院名稱：國立臺灣科技大學
系所名稱：企業管理系
指導教授：劉邦典
學位類別：博士
出版日期：2005
主題關鍵詞：隨機邊界成本函數；資產負債表外項目；成本無效率；規模經濟；範疇經濟；Stochastic Cost Frontier Function；Off-Balance Sheet Activities；Cost Inefficiency；Economies of Scale；Economies of Scope
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本文蒐集1998年至2001年間，46家樣本銀行之橫斷面及時間序列混合資料，採用隨機成本邊界法，來評估資產負債表外的業務項目對衡量台灣銀行產業成本無效率的影響，同時分析影響成本無效率的因子。重要實證發現為：1.若忽略表外產出項，台灣銀行產業成本效率指標將被低估，約低估5﹪。2.無論在軟硬體方面，大銀行相對較有能力開發表外新金融商品，銀行規模愈大會愈有成本效率。此一結論與金融管理當局鼓勵銀行進行合併提高銀行的經營效率的政策一致。3.銀行廠商的市場集中度，對成本無效率值有正向的影響，銀行集中度愈高，由於缺少競爭的壓力致使成本無效率愈高。4.不良放款比與成本無效率指標呈現負相關，可能是銀行配置較少的資源在客戶信用徵信，致使銀行成本有效率；短期而言，雖然表面上看來是提高成本效率，但長期而言，隨著時間的經歷，這些不良放款將會陸續浮現，進而可能侵蝕到獲利。5.無論是否有考量資產負債表外項目，臺灣銀行產業存在規模經濟。若考量資產負債表外產出，全體銀行廠商的平均規模經濟值稍高於未考量表外產出的規模經濟。6.銀行放款與表外業務之間，存在範疇經濟。
In this study, we adopt a stochastic cost frontier method to investigate the influence of off-balance sheet (OBS) activities on cost efficiency of Taiwan’s banks. We estimate and compare cost inefficiency with or without OBS outputs of 46 Taiwanese commercial banks during the period, 1998 through 2001. The conclusions of this empirical study are: First, omitting off-balance sheet outputs in estimating the cost frontier function of banks results in an underestimation of bank efficiency by approximately 5%. Second, large banks are associated with a higher cost efficiency and have an increased ability to develop OBS activities. This is consistent with Taiwan’s regulatory policies, which focus on promoting efficiency in the banking industry of emerging markets. Third, a high concentration of market power can reduce cost efficiency, banks with higher employee productivity are also more cost efficient. Fourth, the correlation between cost inefficiency and non-performing loan ratio is significantly negative, revealing that banks are more efficient when associated with a higher bad loan. This may be due to the fact that banks allocate fewer resources to credit information gathering. Finally, we observe evidence of economies of scale in both models with or without OBS specification in Taiwan’s bank industry. Economies of scope between loans and OBS outputs are also observed.
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