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Cost reductions in electronic payments: The roles of consolidation, economies of scale, and technical change

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  • Hancock, Diana
  • Humphrey, David B.
  • Wilcox, James A.

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  • Hancock, Diana & Humphrey, David B. & Wilcox, James A., 1999. "Cost reductions in electronic payments: The roles of consolidation, economies of scale, and technical change," Journal of Banking & Finance, Elsevier, vol. 23(2-4), pages 391-421, February.
    • Handle: RePEc:eee:jbfina:v:23:y:1999:i:2-4:p:391-421
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    References listed on IDEAS

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    1. Adam M. Gilbert & Dara Hunt & Kenneth C. Winch, 1997. "Creating an integrated payment system: the evolution of Fedwire," Economic Policy Review, Federal Reserve Bank of New York, vol. 3(Jul), pages 1-7.
    2. Gallant, A. Ronald, 1981. "On the bias in flexible functional forms and an essentially unbiased form : The fourier flexible form," Journal of Econometrics, Elsevier, vol. 15(2), pages 211-245, February.
    3. Humphrey, David Burras, 1981. "Economies to scale in federal reserve check processing operations," Journal of Econometrics, Elsevier, vol. 15(1), pages 155-173, January.
    4. David B. Humphrey, 1994. "Delivering deposit services: ATMs versus branches," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 59-81.
    5. Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
    6. David B. Humphrey, 1982. "Costs, scale economies, competition, and product mix in the U.S. payments mechanism," Staff Studies 115, Board of Governors of the Federal Reserve System (U.S.).
    7. Gary C. Zimmerman, 1981. "The pricing of Federal Reserve services under MCA," Economic Review, Federal Reserve Bank of San Francisco, issue Win, pages 22-40.
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