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in terms of bank-specific and country-specific of the banking sector. We also find that the use of MES is more …
Persistent link: https://www.econbiz.de/10013001052
. Controlling for demand in the product market, we find that the contraction in credit supply reduced labour productivity, wages and …
Persistent link: https://www.econbiz.de/10013013732
of the effi ciency of banking intermediation. In this paper we estimate the productivity of individual Spanish banks and … the industry's productivity growth over time using the methodology of Olley and Pakes (1996) and Levinsohn and Petrin … (2003), which controls for simultaneity bias. We then examine the contributions of two sets of factors to productivity …
Persistent link: https://www.econbiz.de/10013096527
Total factor productivity (TFP) is considered the key determinant of long-term and sustainable economic growth. The … mostly driven by the rise and fall of the capital-to-labor ratio (capital deepening) while the role of labor productivity is …
Persistent link: https://www.econbiz.de/10012908966
investigating the actual productivity change and its components — pure efficiency change, scale efficiency change and technological … Malmquist Productivity Index (Zelenyuk in Eur J Oper Res 174:1076–1086, 2006) and the bootstrap techniques (Simar and Wilson in … respond to the financial crisis with productivity improvements and, in both cases, this improvement is driven primarily by a …
Persistent link: https://www.econbiz.de/10012913355
accounting framework to decompose trend GDP growth into changes in capital, labour services, and total factor productivity, we …
Persistent link: https://www.econbiz.de/10013127590
The Global Financial Crisis creates liquidity shocks, banks failures and a global economic downturn while led to significant supervisory and regulatory reforms affecting banks efficiency performance. We offer new insights investigating overall inefficiency and by decomposing into transient and...
Persistent link: https://www.econbiz.de/10013219779
Substitution elasticities quantify the extent to which the demand for inputs responds to changes in input prices. They are considered particularly relevant from the perspective of cost management. Because the crisis has drastically altered the economic environment in which banks operate, we...
Persistent link: https://www.econbiz.de/10012995211
-crisis benchmark, we find that audit attention during fiscal year 2006 and 2007 bank audit engagements shifted in line with the …
Persistent link: https://www.econbiz.de/10013008350
scores and then Tobit estimation to analyze the impact of financial market regulations and country governance on bank …, government effectiveness is found to be positively related to bank efficiency. Consistent with economic theory, corruption is … negatively related to bank efficiency. Therefore, this study reveals the importance of financial market regulations and country …
Persistent link: https://www.econbiz.de/10012994782