Productivity and technical change in Malaysian banking: 1989-1998

Asia-Pacific Financial Markets

Volumn 10, Issue 2-3, 2003, Pages 205-237

  Dogan, Ergun ^a   Fausten, Dietrich K ^b  

^a YEDITEPE UNIVERSITY   (Turkey)

^b MONASH UNIVERSITY   (Australia)

Author keywords

Banking; Malaysia; Malmquist index; Productivity

Indexed keywords

EID: 21644439840     PISSN: 13872834     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10690-005-6011-3     Document Type: Article

References (36)

1. Avkiran, N. K. (1999) The evidence on efficiency gains: The role of mergers and the benefits to the public, J. Bank. Finan. 23, 991-1013.
2. Avkiran, N. (2000) Rising productivity of Australian trading banks under deregulation 1986-1995, J. Econ. Finan. 24, 122-140.
3. Bank Negara Malaysia (1989) Money and Banking in Malaysia 1959-1989. Bank Negara Malaysia, Kuala Lumpur.
4. Bank Negara Malaysia (1994) Money and Banking in Malaysia 1959-1994. Bank Negara Malaysia, Kuala Lumpur.
5. Bank Negara Malaysia (1996) Annual Report, Bank Negara Malaysia, Kuala Lumpur.
6. Bank Negara Malaysia (1999) The Central Bank and The Financial System in Malaysia-A Decade of Change, Bank Negara Malaysia, Kuala Lumpur.
7. Bank Negara Malaysia (2000) Annual Report, available at the Bank Negara Malaysia web site (http://www.bnm.gov.my/pub/ar/2000/index.htm).
8. Berg, S., Forsund, F. and Jansen, E. (1992) Technical efficiency of Norwegian banks: The non-parametric approach to efficiency measurement, J. Productivity Anal. 2, 127-142.
9. Berger, A. N. and Humphrey, D. B. (1992) Measurement and efficiency issues in commercial banking. In Zvi Griliches (ed.), Output Measurement in the Service Sector. The University of Chicago Press, Chicago, pp. 245-279.
10. Berger, A. N. and Humphrey, D. B. (1997) Efficiency of financial institutions: International survey and directions for further research, Eur. J. Oper. Res. 98, 175-212.
11. Bhattacharya, A., Lovell, C. A. K. and Sahay, P. (1997) The impact of liberalization on the productive efficiency of Indian commercial banks, Eur. J. Oper. Res. 98, 332-345.
12. Coelli, T., Rao, D. S. P. and Battese, G. E. (1998) An Introduction to Efficiency and Productivity Analysis, Kluwer Academic Publishers, Boston.
13. Dobson, W. and Jacquet, P. (1998) Financial Services Liberalization in the WTO, Institute of International Economics, Washington D.C.
14. Doornik, J. A., Arellano, M. and Bond, S. (1999) Panel Data Estimation using DPD for Ox. Unpublished.
15. Dyson, R. G., Thanassoulis, E. and Boussofiane, A. (1998) Data Envelopment Analysis, Warwick Business School. (http://www.warwick.ac.uk/~bsrlu/ dea/deat/deat1.htm).
16. Evanoff, D. D. and Israilevich, P. R. (1991) Productive efficiency in banking, Econ. Persp. 15, 11-32.
17. Fare, R. S., Grosskopf, S., Lindgren, B. and Roos, P. (1995) Productivity developments in Swedish hospitals: A Malmquist output index approach. In A. Charnes, W. W. Cooper, A. Lewin and L. Seiford (eds.), Data Envelopment Analysis: Theory, Methodology, and Applications, Kluwer Academic Publishers, Boston.
18. Fare, R. S., Grosskopf, S., Norris, M. and Zhang, Z. (1994) Productivity growth, technical progress, and efficiency change in industrialized countries, Am. Econ. Rev. 84, 66-83.
19. Favero, C. A. and Papi, L. (1995) Technical efficiency and scale efficiency in the Italian banking sector: A non-parametric approach, Appl. Econ. 27, 385-395.
20. Ferrier, G. D., Grosskopf, S., Hayes, K. J. and Yaisawarng, S. (1993) Economies of diversification in the banking industry, J. Mon. Econ. 31, 229-249.
21. Fisher, I. (1922) The Making of Index Numbers, Houghton-Mifflin, Boston.
22. Giokas, D. (1991) Bank branch operating efficiency: A comparative application of DBA and the loglinear model, Omega Int. J. Manag. Sci. 19, 549-557.
23. Grifell-Tatje, E. and Lovell, C. A. K. (1996) Deregulation and productivity decline: The case of Spanish savings banks, Eur. Econ. Rev. 40, 1281-1303.
24. Grifell-Tatje, E. and Lovell, C. A. K. (1997) The sources of productivity change in Spanish banking, Eur. J. Oper. Res. 98, 364-380.
25. Malmquist, S. (1953) Index numbers and indifference surfaces, Trabajos de Estadistica 4, 209-232.
26. Mukherjee, K., Ray, S. C. and Miller, S. M. (2001) Productivity growth in large US commercial banks: The initial post-deregulation experience, J. Bank. Finan. 25, 913-939.
27. Noulas, A. (1997) Productivity growth in the Hellenic banking industry: State vs. private Banks, Appl. Finan. Econ. 7, 223-228.
28. Nunamaker, T. R. (1985) Using data envelopment analysis to measure the efficiency of non-profit organizations: A critical evaluation, Manag. Decision Econ. 6, 50-58.
29. Oral, M. and Yolalan, R. (1990) An empirical study on measuring operating efficiency and profitability of bank branches, Eur. J. Oper. Res. 46, 282-294.
30. Pastor, J. M., Perez, F. and Quesada, J. (1997) Efficiency analysis in banking firms: An international comparison, Eur. J. Oper. Res. 98, 395-407.
31. Sathye, M. (2001) X-efficiency in Australian banking: An empirical investigation, J. Bank. Finan. 25, 613-630.
32. Shephard, R. W. (1970) Theory of Production and Cost Functions, Princeton University Press, Princeton. New Jersey.
33. Soteriou, A. and Zenios, S. (1998) Data envelopment analysis: An introduction and an application to bank branch performance assessment. In G. Marcoulides (ed.), Modern Methods for Business Research, Lawrence Erlbaum Associates, London.
34. Törnqvist, L. (1936) The bank of Finland's consumption price index, Bank of Finland, Month. Bull. 10, 1-8.
35. Wheelock, D. C. and Wilson, P. W. (1999) Technical progress, inefficiency, productivity change in U.S. banking, 1984-1993, J. Money Credit Bank. 31, 212-234.
36. Yue, P. (1992) Data envelopment analysis and commercial bank performance: A primer with applications to Missouri Banks, Fed. Res. Bank St. Louis Rev. 74, 31-45.