Costs of the Us Banking Industry

Description

yearly observations of 4200 banks from 1998 to 2005

number of observations : 33600

country : United States

economic topic : producer behavior

econometrics topic : seemingly unrelated regression

Usage

1

Format

A dataframe containing :

id

bank's identifier

year

the year

cost

total cost, sum of three input costs (labor, capital and borrowed funds)

wage

the wage rate, which is equal to total salaries and benefits divided by the number of full-time employees

intrate

the interest rate for borrowed funds, equal to total interest expense divided by total deposits and purchased funds

pcap

price of physical capital, equal to expenses on premises and equipment divided by premises and fixed assets

consloans

consumer loans

nonconsloans

non-consumer loans (industrial and commercial loans and real estate loans)

securities

all non-loan financial assets, i.e., all financial and physical assets minus the sum of consumer loans, non-consumer loans, securities, and equity

fineqcap

financial equity capital

otheract

non-traditional banking activities

Source

Journal of Applied Econometrics data archive : http://jae.wiley.com/jae/.

References

Guohua Feng and Apostolos Serletis, (2009) “Efficiency and Productivity of the US Banking Industry,1998-2005: Evidence from the Fourier Cost Function Satisfying Global Regularity Conditions”, Journal of Applied Econometrics, 24(1), 105–138.

See Also

Index.Economics, Index.Econometrics

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