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This paper introduces a new parametric measure of productivity change using the hyperbolic distance function. More …, it shows measurements of three components of productivity change. The first component, technical efficiency change, is … investigate productivity change of the Vietnamese banking sector during the 2000–2006 period. The empirical results show that the …
Persistent link: https://www.econbiz.de/10009673747
Surveys of bank efficiency intrinsically draw conclusions based on the assumption that all banks in a sample use the same production technology. Neglecting the existence of unobserved differences in technological regimes might distort efficiency estimates by assigning incorrectly these...
Persistent link: https://www.econbiz.de/10013121159
describe and analyze the principal methodologies that have been developed for measuring efficiency and productivity, defining … efficiency and productivity measurement in insurance …
Persistent link: https://www.econbiz.de/10013066707
By applying the non-parametric Malmquist Productivity Index (MPI), this article attempts to investigate productivity … post-crisis period of 2001-2004. Our results suggest that Malaysian NBFIs exhibited productivity regress during the post … banks' productivity regress was mainly due to technological regress, the finance companies, on the other hand, exhibited …
Persistent link: https://www.econbiz.de/10013153233
This paper investigates the forces driving output growth, namely technological, efficiency, and input changes, in 80 countries over the period 1970-2000. Relevant past studies typically assume that: (i) countries use resources efficiently, and (ii) the underlying production technology is the...
Persistent link: https://www.econbiz.de/10012714412
Numerous bank productivity studies indicate rapid changes in the structure of the financial services industry and … background of two concepts of performance evaluation – the terms efficiency and productivity, and empirically, the performance … evaluation of banks, i.e., the measurement of the productivity and research results of previous authors’ studies of the European …
Persistent link: https://www.econbiz.de/10012178843
This paper considers a linear panel data model with time varying heterogeneity. Bayesian inference techniques organized around Markov chain Monte Carlo (MCMC) are applied to implement new estimators that combine smoothness priors on unobserved heterogeneity and priors on the factor structure of...
Persistent link: https://www.econbiz.de/10011711007
The goal of this paper is to estimate the productive efficiency of Argentine banks. For this purpose, panel data of the universe of banks under the supervision of the Central Bank of the Republic of Argentina (BCRA) has been collected. In order to build the bank´s indicators, we used a database...
Persistent link: https://www.econbiz.de/10012996421
productivity growth with indicators of capitalization, return and risk. Our novel Multiple Indicator-Multiple Cause (MIMIC) style … productivity growth. We find considerable variation in the performance of EU-15 banks over the period 2008 to 2015. For the vast … majority of banks, productivity growth – the sum of efficiency and technical changes – is negative, implying that the industry …
Persistent link: https://www.econbiz.de/10014048864
Croatia increased their total factor productivity by 2.2% on average, mainly due to an increase in technological change (1 … efficiency in different ways with respect to the size of banks. Large banks improved their total factor productivity by 7 …
Persistent link: https://www.econbiz.de/10013489516