International Finance and Accounting


In the article, returns to scale of banks was evaluated by forming translogarithmic cost function and taking derivative with respect to the main «products» of banks. The analysis of the economies of scale was carried out in the course of years, according to the form of ownership, as well as on individual banks. Also, the scale return of the banks divided into classes according to the size of their assets was analyzed. Banks with state participation, on average, have a larger scale return than banks with other forms of ownership. Also, the banks with the smallest scale return are private banks.


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