메뉴 건너뛰기




Volumn 33, Issue 3, 2009, Pages 557-567

Efficiency and productivity growth in the banking industry of Central and Eastern Europe

Author keywords

Banking efficiency; Directional distance functions; Luenberger productivity indicator; Stochastic frontier analysis; Transition economies

Indexed keywords


EID: 58149163307     PISSN: 03784266     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbankfin.2008.09.009     Document Type: Article
Times cited : (144)

References (42)
  • 1
    • 38549158547 scopus 로고    scopus 로고
    • Exact relations between Luenberger productivity indicators and Malmquist productivity indices
    • Balk B., Färe R., Grosskopf S., and Margaritis D. Exact relations between Luenberger productivity indicators and Malmquist productivity indices. Economic Theory 35 1 (2008) 187-190
    • (2008) Economic Theory , vol.35 , Issue.1 , pp. 187-190
    • Balk, B.1    Färe, R.2    Grosskopf, S.3    Margaritis, D.4
  • 2
    • 0004224130 scopus 로고
    • Alternative approaches to the theory of the banking firm
    • Baltensperger E. Alternative approaches to the theory of the banking firm. Journal of Monetary Economics 6 (1980) 1-37
    • (1980) Journal of Monetary Economics , vol.6 , pp. 1-37
    • Baltensperger, E.1
  • 3
    • 0029509798 scopus 로고
    • A model of technical inefficiency effects in a stochastic frontier production function for panel data
    • Battese G., and Coelli T. A model of technical inefficiency effects in a stochastic frontier production function for panel data. Empirical Economics 20 (1995) 325-332
    • (1995) Empirical Economics , vol.20 , pp. 325-332
    • Battese, G.1    Coelli, T.2
  • 4
    • 84886361748 scopus 로고
    • Contestable markets: An uprising in the theory of industry structure
    • Baumol W.J. Contestable markets: An uprising in the theory of industry structure. American Economic Review 72 (1982) 1-15
    • (1982) American Economic Review , vol.72 , pp. 1-15
    • Baumol, W.J.1
  • 6
    • 0031161387 scopus 로고    scopus 로고
    • Problem loans and cost efficiency in commercial banking
    • Berger A., and DeYoung R. Problem loans and cost efficiency in commercial banking. Journal of Banking and Finance 21 (1997) 849-870
    • (1997) Journal of Banking and Finance , vol.21 , pp. 849-870
    • Berger, A.1    DeYoung, R.2
  • 7
    • 0000786043 scopus 로고    scopus 로고
    • Efficiency of financial institutions: International survey and direction of future research
    • Berger A., and Humphrey D. Efficiency of financial institutions: International survey and direction of future research. European Journal of Operational Research 98 (1997) 175-212
    • (1997) European Journal of Operational Research , vol.98 , pp. 175-212
    • Berger, A.1    Humphrey, D.2
  • 8
    • 0031185036 scopus 로고    scopus 로고
    • Inside the black box: What explains differences in the efficiencies of financial institutions
    • Berger A., and Mester L. Inside the black box: What explains differences in the efficiencies of financial institutions. Journal of Banking and Finance 21 (1997) 895-947
    • (1997) Journal of Banking and Finance , vol.21 , pp. 895-947
    • Berger, A.1    Mester, L.2
  • 9
    • 0037256139 scopus 로고    scopus 로고
    • Explaining the dramatic changes in performance of US banks: Technological change, deregulation, and dynamic changes in competition
    • Berger A., and Mester L. Explaining the dramatic changes in performance of US banks: Technological change, deregulation, and dynamic changes in competition. Journal of Financial Intermediation 12 (2003) 57-95
    • (2003) Journal of Financial Intermediation , vol.12 , pp. 57-95
    • Berger, A.1    Mester, L.2
  • 10
    • 58149149277 scopus 로고    scopus 로고
    • Bonin, J., Wachtel, P., 2004. Dealing with financial fragility in transition economies. BOFIT Discussion Paper 22, Bank of Finland.
    • Bonin, J., Wachtel, P., 2004. Dealing with financial fragility in transition economies. BOFIT Discussion Paper 22, Bank of Finland.
  • 11
    • 8644251413 scopus 로고    scopus 로고
    • Bank performance, efficiency and ownership in transition countries
    • Bonin J., Hassan I., and Wachtel P. Bank performance, efficiency and ownership in transition countries. Journal of Banking and Finance 29 (2005) 31-53
    • (2005) Journal of Banking and Finance , vol.29 , pp. 31-53
    • Bonin, J.1    Hassan, I.2    Wachtel, P.3
  • 12
    • 4544300250 scopus 로고    scopus 로고
    • Productivity change in European banking: A comparison of parametric and non-parametric approaches
    • Casu B., Girardone C., and Molyneux P. Productivity change in European banking: A comparison of parametric and non-parametric approaches. Journal of Banking and Finance 28 (2004) 2521-2540
    • (2004) Journal of Banking and Finance , vol.28 , pp. 2521-2540
    • Casu, B.1    Girardone, C.2    Molyneux, P.3
  • 13
    • 0035596472 scopus 로고    scopus 로고
    • Technological and environmental differences in the European banking industries
    • Chaffai Μ.Ε., Dietsch Μ., and Lozano-Vivas Α. Technological and environmental differences in the European banking industries. Journal of Financial Services Research 19 (2001) 147-162
    • (2001) Journal of Financial Services Research , vol.19 , pp. 147-162
    • Chaffai, ..1    Dietsch, .2    Lozano-Vivas, .3
  • 17
    • 3142767051 scopus 로고    scopus 로고
    • What drives bank competition? Some international evidence
    • Claessens S., and Laeven L. What drives bank competition? Some international evidence. Journal of Money, Credit, and Banking 36 3 (2004) 563-583
    • (2004) Journal of Money, Credit, and Banking , vol.36 , Issue.3 , pp. 563-583
    • Claessens, S.1    Laeven, L.2
  • 18
    • 0036889401 scopus 로고    scopus 로고
    • Mergers and technical efficiency in Spanish saving banks: A stochastic distance function approach
    • Cuesta R.A., and Orea L. Mergers and technical efficiency in Spanish saving banks: A stochastic distance function approach. Journal of Banking and Finance 26 (2002) 2231-2247
    • (2002) Journal of Banking and Finance , vol.26 , pp. 2231-2247
    • Cuesta, R.A.1    Orea, L.2
  • 19
    • 0037776765 scopus 로고    scopus 로고
    • How the environment determines banking efficiency: A comparison between French and Spanish industries
    • Dietsch M., and Lozano-Vivas A. How the environment determines banking efficiency: A comparison between French and Spanish industries. Journal of Banking and Finance 24 (2000) 985-1004
    • (2000) Journal of Banking and Finance , vol.24 , pp. 985-1004
    • Dietsch, M.1    Lozano-Vivas, A.2
  • 20
    • 58149175290 scopus 로고    scopus 로고
    • European Bank for Reconstruction and Development (EBRD), 2004. Transition Report 2004: Infrastructure.
    • European Bank for Reconstruction and Development (EBRD), 2004. Transition Report 2004: Infrastructure.
  • 21
    • 58149170123 scopus 로고    scopus 로고
    • European Central Bank (ECB), 2005. EU Banking Sector Stability, October.
    • European Central Bank (ECB), 2005. EU Banking Sector Stability, October.
  • 23
    • 36849058777 scopus 로고    scopus 로고
    • Efficiency and Productivity: Malmquist and more
    • Fried H.O., Lovell C.A.K., and Schmidt S.S. (Eds), Oxford University Press, New York
    • Färe R., Grosskopf S., and Margaritis D. Efficiency and Productivity: Malmquist and more. In: Fried H.O., Lovell C.A.K., and Schmidt S.S. (Eds). The Measurement of Productive Efficiency and Productivity Growth (2007), Oxford University Press, New York
    • (2007) The Measurement of Productive Efficiency and Productivity Growth
    • Färe, R.1    Grosskopf, S.2    Margaritis, D.3
  • 25
    • 4043122450 scopus 로고    scopus 로고
    • The effect of risk-based capital requirements on profit efficiency in banking
    • Färe R., Grosskopf S., and Weber W. The effect of risk-based capital requirements on profit efficiency in banking. Applied Economics 36 (2004) 1731-1743
    • (2004) Applied Economics , vol.36 , pp. 1731-1743
    • Färe, R.1    Grosskopf, S.2    Weber, W.3
  • 27
    • 3843147307 scopus 로고    scopus 로고
    • Luenberger productivity indicators: Aggregation across firms
    • Färe R., and Primont D. Luenberger productivity indicators: Aggregation across firms. Journal of Productivity Analysis 20 (2003) 425-435
    • (2003) Journal of Productivity Analysis , vol.20 , pp. 425-435
    • Färe, R.1    Primont, D.2
  • 29
    • 8644235094 scopus 로고    scopus 로고
    • Cost efficiency of banks in transition: Evidence from 289 banks in 15 post-communist countries
    • Fries S., and Taci A. Cost efficiency of banks in transition: Evidence from 289 banks in 15 post-communist countries. Journal of Banking and Finance 29 (2005) 55-81
    • (2005) Journal of Banking and Finance , vol.29 , pp. 55-81
    • Fries, S.1    Taci, A.2
  • 30
    • 0037556589 scopus 로고    scopus 로고
    • A parametric distance function approach for Malmquist productivity index estimation
    • Fuentes H.J., Grifell-Tatje E., and Perelman S. A parametric distance function approach for Malmquist productivity index estimation. Journal of Productivity Analysis 15 (2001) 79-94
    • (2001) Journal of Productivity Analysis , vol.15 , pp. 79-94
    • Fuentes, H.J.1    Grifell-Tatje, E.2    Perelman, S.3
  • 32
    • 58149149280 scopus 로고    scopus 로고
    • Grigorian, D., Manole, V., 2002. Determinants of commercial bank performance in transition: An application of Data Envelopment Analysis. Working Paper 2850, The World Bank.
    • Grigorian, D., Manole, V., 2002. Determinants of commercial bank performance in transition: An application of Data Envelopment Analysis. Working Paper 2850, The World Bank.
  • 33
    • 33744917037 scopus 로고    scopus 로고
    • Efficiency of the Polish banking industry: Foreign versus domestic banks
    • Havrylchyk O. Efficiency of the Polish banking industry: Foreign versus domestic banks. Journal of Banking and Finance 30 (2006) 1975-1996
    • (2006) Journal of Banking and Finance , vol.30 , pp. 1975-1996
    • Havrylchyk, O.1
  • 35
    • 85007677803 scopus 로고    scopus 로고
    • Foreign banks in Croatia: Reasons for entry, performance and impacts
    • Kraft E. Foreign banks in Croatia: Reasons for entry, performance and impacts. Journal of Emerging Market Finance 3 (2004) 153-174
    • (2004) Journal of Emerging Market Finance , vol.3 , pp. 153-174
    • Kraft, E.1
  • 36
    • 33745992969 scopus 로고    scopus 로고
    • A note on efficiency and productivity growth in the Korean banking industry
    • Park K.H., and Weber W.L. A note on efficiency and productivity growth in the Korean banking industry. Journal of Banking and Finance 30 (2006) 2371-2386
    • (2006) Journal of Banking and Finance , vol.30 , pp. 2371-2386
    • Park, K.H.1    Weber, W.L.2
  • 37
    • 58149170126 scopus 로고    scopus 로고
    • Rossi, S., Schwaiger, M., Winkler, G., 2005. Managerial behavior and cost/profit efficiency in the banking sectors of Central and Eastern European countries. Working Paper 96, Oesterreichische Nationalbank.
    • Rossi, S., Schwaiger, M., Winkler, G., 2005. Managerial behavior and cost/profit efficiency in the banking sectors of Central and Eastern European countries. Working Paper 96, Oesterreichische Nationalbank.
  • 39
    • 58149142462 scopus 로고    scopus 로고
    • Tang, H., Zoli, E., Klytchnikova, I., 2000. Banking crises in transition economies: Fiscal costs and related issues. Working Paper 2484, The World Bank.
    • Tang, H., Zoli, E., Klytchnikova, I., 2000. Banking crises in transition economies: Fiscal costs and related issues. Working Paper 2484, The World Bank.
  • 40
    • 0141451858 scopus 로고    scopus 로고
    • One-step and two-step estimation of the effects of exogenous variables on technical efficiency levels
    • Wang H., and Schmidt P. One-step and two-step estimation of the effects of exogenous variables on technical efficiency levels. Journal of Productivity Analysis 18 (2002) 129-144
    • (2002) Journal of Productivity Analysis , vol.18 , pp. 129-144
    • Wang, H.1    Schmidt, P.2
  • 41
    • 33947510304 scopus 로고    scopus 로고
    • Efficiency of banks: Recent evidence from the transition economies of Europe, 1993-2000
    • Yildirim S., and Philippatos G. Efficiency of banks: Recent evidence from the transition economies of Europe, 1993-2000. European Journal of Finance 13 (2007) 123-143
    • (2007) European Journal of Finance , vol.13 , pp. 123-143
    • Yildirim, S.1    Philippatos, G.2
  • 42
    • 85015697139 scopus 로고    scopus 로고
    • Competition and contestability in Central and Eastern European banking markets
    • Yildirim S., and Philippatos G. Competition and contestability in Central and Eastern European banking markets. Managerial Finance 33 3 (2007) 195-209
    • (2007) Managerial Finance , vol.33 , Issue.3 , pp. 195-209
    • Yildirim, S.1    Philippatos, G.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.