Showing 1 - 10 of 6,231
This article provides an empirical insight on the heterogeneity in the estimates of banking efficiency produced by the … efficiency score and the efficiency ranking to a change in the design of the frontier. We found that the average scores are … significantly smaller when the transcendental logarithmic functional form is used in the profit efficiency measurement and when the …
Persistent link: https://www.econbiz.de/10010322313
243 mergers, we analyze motives for and cost effects of small-scale mergers in German banking. Estimating a frontier cost … function with a time-variable stochastic efficiency term we show that positive scale and scope effects from a merger arise only … efficiency as the acquiring firms. For the post-merger phase, our empirical results provide no evidence for efficiency gains from …
Persistent link: https://www.econbiz.de/10010291732
Almost Ideal Demand System. In addition, we suggest a more general way of measuring efficiency that can incorporate a concern … between the risk-incentives literature in banking that ignores the microeconomics of production and the production literature …
Persistent link: https://www.econbiz.de/10010334306
Our research as well as that by other authors has found scale economies at all sizes of banks and the largest scale economies at the largest banks - that is, larger banks are able to provide products at lower average cost than smaller banks. While the earlier literature found that scale...
Persistent link: https://www.econbiz.de/10011687916
By eliminating the influence of statistical noise, stochastic frontier techniques permit the estimation of the best-practice value of a firm´s investment opportunities and the magnitude of a firm´s systematic failure to achieve its best-practice market value - a gauge of the magnitude of...
Persistent link: https://www.econbiz.de/10011687921
The second Basel Capital Accord points to market discipline as a tool to reinforce capital standards and supervision in promoting bank safety and soundness. The Bank for International Settlements contends that market discipline imposes strong incentives on banks to operate in a safe and...
Persistent link: https://www.econbiz.de/10011687927
impact of efficiency, as well as concentration, on banking competition measured by the Net Interest Margin (NIM), controlling …On the road to the new landscape in EU banking brought on by the financial crisis we assess the relationship between … the level of competitiveness and efficiency. We estimate X-inefficiency for a sample of banks operating in the European …
Persistent link: https://www.econbiz.de/10011994266
financial market to foreign competition by 2006. Efficiency is key for domestic banks to survive in a liberalised environment …, but it appears that the last hope for raising bank efficiency is through ownership reform. Whether ownership reform and … foreign competition can solve China's banking problem remains to be tested. This paper aims to answer this question through …
Persistent link: https://www.econbiz.de/10010273412
The purpose of this paper is to assess the importance of geographical location in the banking sector efficiency of the … role in the efficiency of the banking sector in the Sino-ASEAN region. The significant country's coefficients suggest that … double bootstrapping regression. The empirical evidence suggests that the banking market has an important and significant …
Persistent link: https://www.econbiz.de/10013199525
This paper examines the impact of regulatory policies on banking market efficiency using a sample of 678 commercial … Squares method. Focus is on two alternative measures of banking market efficiency: net interest margin and overhead costs … (operating expenses to assets). Elevated levels of these two ratios should indicate a low level of banking efficiency. The …
Persistent link: https://www.econbiz.de/10014001397