Determinants of Commercial Bank Performance in Transition: An Application of Data Envelopment Analysis
Banking sectors in transition economies have experienced major transformations throughout the 1990s. While some countries have been successful in eliminating underlying distortions and restructuring their financial sectors, in some cases financial sectors remain underdeveloped and the rates of finan...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Washington, D.C
The World Bank
2002
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Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
Zusammenfassung: | Banking sectors in transition economies have experienced major transformations throughout the 1990s. While some countries have been successful in eliminating underlying distortions and restructuring their financial sectors, in some cases financial sectors remain underdeveloped and the rates of financial intermediation continue to be quite low. Grigorian and Manole estimate indicators of commercial bank efficiency by applying a version of Data Envelopment Analysis (DEA) to bank-level data from a wide range of transition countries. They further extend the analysis by explaining the differences in efficiency between financial institutions and countries by a variety of macroeconomic, prudential, and institutional variables. In addition to stressing the importance of some bank-specific variables, the censored Tobit analysis suggests that: - Foreign ownership with controlling power and enterprise restructuring enhance commercial bank efficiency. - The effects of prudential tightening on the efficiency of banks vary across different prudential norms. - Consolidation is likely to improve efficiency of banking operations. Overall, the results confirm the usefulness of DEA for transition-related applications and may shed light on the optimal architecture of a banking system. This paper--a product of the Private and Financial Sector Development Unit, Europe and Central Asia Region--is part of a larger effort in the region to disseminate the results of research on transition issues. The authors may be contacted at dgrigorian@imf.org or manole@wueconc.wustl.edu |
Beschreibung: | 1 Online-Ressource (40 Seiten)) |
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520 | 3 | |a Banking sectors in transition economies have experienced major transformations throughout the 1990s. While some countries have been successful in eliminating underlying distortions and restructuring their financial sectors, in some cases financial sectors remain underdeveloped and the rates of financial intermediation continue to be quite low. Grigorian and Manole estimate indicators of commercial bank efficiency by applying a version of Data Envelopment Analysis (DEA) to bank-level data from a wide range of transition countries. They further extend the analysis by explaining the differences in efficiency between financial institutions and countries by a variety of macroeconomic, prudential, and institutional variables. In addition to stressing the importance of some bank-specific variables, the censored Tobit analysis suggests that: - Foreign ownership with controlling power and enterprise restructuring enhance commercial bank efficiency. - The effects of prudential tightening on the efficiency of banks vary across different prudential norms. - Consolidation is likely to improve efficiency of banking operations. Overall, the results confirm the usefulness of DEA for transition-related applications and may shed light on the optimal architecture of a banking system. This paper--a product of the Private and Financial Sector Development Unit, Europe and Central Asia Region--is part of a larger effort in the region to disseminate the results of research on transition issues. The authors may be contacted at dgrigorian@imf.org or manole@wueconc.wustl.edu | |
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spelling | Grigorian, A. David Verfasser aut Determinants of Commercial Bank Performance in Transition An Application of Data Envelopment Analysis Grigorian, A. David Washington, D.C The World Bank 2002 1 Online-Ressource (40 Seiten)) txt rdacontent c rdamedia cr rdacarrier Banking sectors in transition economies have experienced major transformations throughout the 1990s. While some countries have been successful in eliminating underlying distortions and restructuring their financial sectors, in some cases financial sectors remain underdeveloped and the rates of financial intermediation continue to be quite low. Grigorian and Manole estimate indicators of commercial bank efficiency by applying a version of Data Envelopment Analysis (DEA) to bank-level data from a wide range of transition countries. They further extend the analysis by explaining the differences in efficiency between financial institutions and countries by a variety of macroeconomic, prudential, and institutional variables. In addition to stressing the importance of some bank-specific variables, the censored Tobit analysis suggests that: - Foreign ownership with controlling power and enterprise restructuring enhance commercial bank efficiency. - The effects of prudential tightening on the efficiency of banks vary across different prudential norms. - Consolidation is likely to improve efficiency of banking operations. Overall, the results confirm the usefulness of DEA for transition-related applications and may shed light on the optimal architecture of a banking system. This paper--a product of the Private and Financial Sector Development Unit, Europe and Central Asia Region--is part of a larger effort in the region to disseminate the results of research on transition issues. The authors may be contacted at dgrigorian@imf.org or manole@wueconc.wustl.edu Online-Ausg Bank Banking Banking System Banks Banks and Banking Reform Consolidation Credit Enterprises Debt Markets Emerging Markets Finance and Financial Sector Development Financial Institutions Financial Literacy Financial Services Macroeconomic Stabilization Private Sector Development Privatization Profitability Grigorian, A. David Sonstige oth Manole, Vlad Sonstige oth Grigorian, A. David Determinants of Commercial Bank Performance in Transition http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2850 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Grigorian, A. David Determinants of Commercial Bank Performance in Transition An Application of Data Envelopment Analysis Bank Banking Banking System Banks Banks and Banking Reform Consolidation Credit Enterprises Debt Markets Emerging Markets Finance and Financial Sector Development Financial Institutions Financial Literacy Financial Services Macroeconomic Stabilization Private Sector Development Privatization Profitability |
title | Determinants of Commercial Bank Performance in Transition An Application of Data Envelopment Analysis |
title_auth | Determinants of Commercial Bank Performance in Transition An Application of Data Envelopment Analysis |
title_exact_search | Determinants of Commercial Bank Performance in Transition An Application of Data Envelopment Analysis |
title_exact_search_txtP | Determinants of Commercial Bank Performance in Transition An Application of Data Envelopment Analysis |
title_full | Determinants of Commercial Bank Performance in Transition An Application of Data Envelopment Analysis Grigorian, A. David |
title_fullStr | Determinants of Commercial Bank Performance in Transition An Application of Data Envelopment Analysis Grigorian, A. David |
title_full_unstemmed | Determinants of Commercial Bank Performance in Transition An Application of Data Envelopment Analysis Grigorian, A. David |
title_short | Determinants of Commercial Bank Performance in Transition |
title_sort | determinants of commercial bank performance in transition an application of data envelopment analysis |
title_sub | An Application of Data Envelopment Analysis |
topic | Bank Banking Banking System Banks Banks and Banking Reform Consolidation Credit Enterprises Debt Markets Emerging Markets Finance and Financial Sector Development Financial Institutions Financial Literacy Financial Services Macroeconomic Stabilization Private Sector Development Privatization Profitability |
topic_facet | Bank Banking Banking System Banks Banks and Banking Reform Consolidation Credit Enterprises Debt Markets Emerging Markets Finance and Financial Sector Development Financial Institutions Financial Literacy Financial Services Macroeconomic Stabilization Private Sector Development Privatization Profitability |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2850 |
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