Branch versus Unit Banking: Bank Output and Cost Economies

in the past few years.1 These studies have sought to relate bank costs to bank output. The definition of bank is naturally precedent to any estimation of the cost-output relationship and yet has received little attention in these studies.2 This paper attempts to define a bank output concept that has particular relevance to the branchunit controversy and to use this concept in cost analysis of branch and unit banking. Are branch banks more efficient than unit