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This study employs various bootstrapped Malmquist indices and efficiency scores to investigate the effects of government regulation on the performance of the Iranian banking industry over the period 2003-2008. An alternative decomposition of the Malmquist index, introduced by Simar and Wilson...
Persistent link: https://www.econbiz.de/10011260807
This study employs various bootstrapped Malmquist indices and efficiency scores to investigate the effects of government regulation on the performance of the Iranian banking industry over the period 2003-2008. An alternative decomposition of the Malmquist index, introduced by Simar and Wilson...
Persistent link: https://www.econbiz.de/10008727733
Purpose – The purpose of this paper is to investigate the efficiency and productivity growth of the Iranian banking industry between 2003 and 2008, encompassing pre- and post-2005-reform years. Design/methodology/approach – The study uses a new decomposition of the Hicks-Moorsteen total...
Persistent link: https://www.econbiz.de/10010592254
In this empirical study, we apply bootstrapped data envelopment analysis (DEA) models under variable returns to scale to examine both the environmental and technical efficiencies of airlines. Using the regional classification of the International Air Transport Association (IATA), we chose 48 of...
Persistent link: https://www.econbiz.de/10010933344
This study is the first to use the Hicks-Moorsteen TFP index developed by O’Donnell (2008,2009, 2010c) to analyse efficiency and productivity changes in the banking system. The advantage of this approach over the popular Malmquist productivity index is that it is free from any assumptions...
Persistent link: https://www.econbiz.de/10008727728
This article examines the dynamic relationship between the Reserve Bank of Australia's (RBA's) cash rate and the variable interest rate for lending to small businesses. The relationship is evaluated via an asymmetric GARCH model using monthly data spanning from August 1990 to October 2012. Our...
Persistent link: https://www.econbiz.de/10010691047
In order to analyse the impact of policy reforms on the performance of the banking sector in Iran we present a decomposition of the Hicks–Moorsteen Total Factor Productivity (TFP). This entails a comparison of both the intermediate and operating performances of different types of banks in the...
Persistent link: https://www.econbiz.de/10010719031
Fuel prices play a crucial role in the supply side of many economies across the globe. Hence, it is important to ensure that fuel pricing is efficient and free from any asymmetric behaviour. This paper examines the long- and short-run relationships between the price of unleaded petrol in...
Persistent link: https://www.econbiz.de/10010816867
This article examines discernable patterns of real Gross Domestic Product (GDP) growth co-movements across 29 countries, using consistent time series data (1912--2008). Of these countries, only 12 are found to form three statistically significant groupings (i.e. G6-six Organization for Economic...
Persistent link: https://www.econbiz.de/10010971227
This study examines the technical efficiency of Thai manufacturing SMEs and their firm-specific determinants utilising firm-level industrial census data for 1997 and 2007. Results from a stochastic frontier production function and technical inefficiency effects model reveal that Thai SMEs are...
Persistent link: https://www.econbiz.de/10010939697