Hadad, Muliaman D.; Hall, Maximilian J. B.; Santoso, Wimboh - School of Business and Economics, Loughborough University - 2009
In one of the first stand-alone studies covering the whole of the Indonesian banking industry, and utilising a unique dataset provided by the Indonesian central bank, this paper analyses the levels of intermediation-based efficiency obtaining during the period 2003-2007. Using a new approach...