Isik, Ihsan; Akcaoglu, Emin - In: Central Bank Review 6 (2006) 1, pp. 1-36
By utilizing a non-parametric Malmquist index approach, we investigate the initial changes in the productivity and efficiency of the “traditional” Turkish banks in an era of financial liberalization (1980-1990). We hypothesize that the new liberal environment along with heightened...