메뉴 건너뛰기




Volumn 9, Issue 2, 2009, Pages 67-89

Bank efficiency differences in the new EU member states

Author keywords

Banking; Cee and baltic states; Cost efficiency

Indexed keywords


EID: 77954855507     PISSN: 1406099X     EISSN: None     Source Type: Journal    
DOI: 10.1080/1406099x.2009.10840462     Document Type: Article
Times cited : (30)

References (55)
  • 1
    • 49449120922 scopus 로고
    • Formulation and estimation of stochastic frontier production function models
    • Aigner, D., Lovell, C. A. K. and Schmidt, P (1977): "Formulation and estimation of stochastic frontier production function models", Journal of Econometrics, Vol. 6, pp. 21-37.
    • (1977) Journal of Econometrics , vol.6 , pp. 21-37
    • Aigner, D.1    Lovell, C.A.K.2    Schmidt, P.3
  • 2
    • 0030138203 scopus 로고    scopus 로고
    • Operational Efficiency in banking: An international comparison
    • Allen, L. and Rai, A. (1996): "Operational Efficiency in banking: An international comparison", Journal of Banking and Finance, Vol. 20, pp. 655-672.
    • (1996) Journal of Banking and Finance , vol.20 , pp. 655-672
    • Allen, L.1    Rai, A.2
  • 4
    • 45549120385 scopus 로고
    • Prediction of Firm-Level Technical Efficiencies with a Generalised Frontier Production Function and Panel Data
    • Battese, G E. and Coelli, T. J. (1988): "Prediction of Firm-Level Technical Efficiencies With a Generalised Frontier Production Function and Panel Data", Journal of Econometrics, Vol. 38, pp. 387-399.
    • (1988) Journal of Econometrics , vol.38 , pp. 387-399
    • Battese, G.E.1    Coelli, T.J.2
  • 5
    • 34249834242 scopus 로고
    • Frontier production functions, technical efficiency and panel data with application to paddy farmers in India
    • Battese, G E. and Coelli, T. J. (1992): "Frontier Production Functions, Technical Efficiency and Panel Data With Application to Paddy Farmers in India", Journal of Productivity Analysis, Vol. 3, pp. 153-169.
    • (1992) Journal of Productivity Analysis , vol.3 , pp. 153-169
    • Battese, G.E.1    Coelli, T.J.2
  • 6
    • 0029509798 scopus 로고
    • A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data
    • Battese, G.E. and Coelli, T.J. (1995). A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data. Empirical Economics 20, 325-332.
    • (1995) Empirical Economics , vol.20 , pp. 325-332
    • Battese, G.E.1    Coelli, T.J.2
  • 7
    • 0002315382 scopus 로고    scopus 로고
    • Consistency conditions for regulatory analysis of financial institutions: A comparison of frontier efficiency methods
    • Bauer, P W , Berger, A. N., Ferrier, G D. and Humphrey, D. B. (1998): "Consistency Conditions for Regulatory Analysis of Financial Institutions: A Comparison of Frontier Efficiency Methods", Journal of Economics and Business, Vol. 50, No. 2, pp. 85-114.
    • (1998) Journal of Economics and Business , vol.50 , Issue.2 , pp. 85-114
    • Bauer, P.W.1    Berger, A.N.2    Ferrier, G.D.3    Humphrey, D.B.4
  • 9
    • 0043246810 scopus 로고
    • The profit-structure relationship in banking-tests of market-power and efficient-structure hypotheses
    • Berger A. N. (1995): "The profit-structure relationship in banking-tests of market-power and efficient-structure hypotheses". Journal of Money, Credit and Banking, Vol. 27, pp. 404-431.
    • (1995) Journal of Money, Credit and Banking , vol.27 , pp. 404-431
    • Berger, A.N.1
  • 10
    • 0032382856 scopus 로고    scopus 로고
    • The efficiency cost of market power in the banking industry: A test of the quiet life and related hypotheses
    • Berger, A. N. and Hannan, T. H. (1998): "The Efficiency Cost of Market Power in the Banking Industry: A Test of the "Quiet Life" and Related Hypotheses", The Review of Economics and Statistics, Vol. 80, No. 3, pp. 454-465.
    • (1998) The Review of Economics and Statistics , vol.80 , Issue.3 , pp. 454-465
    • Berger, A.N.1    Hannan, T.H.2
  • 11
    • 0000786043 scopus 로고    scopus 로고
    • Efficiency of financial institutions: International survey and directions for future research
    • Berger, A. N. and Humphrey, D. B. (1997): "Efficiency of Financial Institutions: International Survey and Directions for Future Research", European Journal of Operational Research, Vol. 98, pp. 175-212.
    • (1997) European Journal of Operational Research , vol.98 , pp. 175-212
    • Berger, A.N.1    Humphrey, D.B.2
  • 12
    • 0031185036 scopus 로고    scopus 로고
    • Inside the black box: What explains differences in the efficiencies of financial institutions?
    • Berger, A. N. and Mester, L. J. (1997): "Inside the black box: What explains differences in the efficiencies of financial institutions?", Journal of Banking and Finance, Vol. 21, pp. 895-947.
    • (1997) Journal of Banking and Finance , vol.21 , pp. 895-947
    • Berger, A.N.1    Mester, L.J.2
  • 14
    • 33646150088 scopus 로고    scopus 로고
    • How important are foreign banks in European transition countries? A comparative analysis
    • In Kowalski, T., Lensink, R. and Vensel, V (editors): Tallinn: Faculty of Economics and Business Administration, Tallinn Technical University
    • Bol, H., de Haan, J., de Haas, R. and Scholtens, B. (2002): "How Important Are Foreign Banks in European Transition Countries? A Comparative Analysis". In Kowalski, T., Lensink, R. and Vensel, V (editors): Papers of the 5th Conference on Financial Sector Reform in Central and Eastern Europe: The Impact of Foreign Banks' Entry. Tallinn: Faculty of Economics and Business Administration, Tallinn Technical University , pp. 21-40.
    • (2002) Papers of the 5th Conference on Financial Sector Reform in Central and Eastern Europe: The Impact of Foreign Banks' Entry. , pp. 21-40
    • Bol, H.1    De Haan, J.2    De Haas, R.3    Scholtens, B.4
  • 15
    • 8644251413 scopus 로고    scopus 로고
    • Bank performance, efficiency and ownership in transition countries
    • Bonin J. P., Hasan I. and Wachtel P (2005): "Bank performance, efficiency and ownership in transition countries", Journal of Banking and Finance, Vol. 29, pp. 31-53.
    • (2005) Journal of Banking and Finance , vol.29 , pp. 31-53
    • Bonin, J.P.1    Hasan, I.2    Wachtel, P.3
  • 16
    • 33744915820 scopus 로고    scopus 로고
    • Bank efficiency: The role of bank strategy and local market conditions
    • Bos, J. W B. and Kool, C. J. M. (2006). Bank efficiency: The role of bank strategy and local market conditions. Journal of Banking and Finance, Vol. 30, Issue 7, pp. 1953-1974.
    • (2006) Journal of Banking and Finance , vol.30 , Issue.7 , pp. 1953-1974
    • Bos, J.W.B.1    Kool, C.J.M.2
  • 17
    • 55349108160 scopus 로고    scopus 로고
    • Exploring the nexus between banking sector reform and performance: Evidence from newly acceded EU countries
    • Brissimis S.N., Delis M.D., Papanikolaou N.I. (2008). "Exploring the nexus between banking sector reform and performance: evidence from newly acceded EU countries", Journal of Banking and Finance, Vol. 32, pp. 2674-83.
    • (2008) Journal of Banking and Finance , vol.32 , pp. 2674-2683
    • Brissimis, S.N.1    Delis, M.D.2    Papanikolaou, N.I.3
  • 19
    • 0001807274 scopus 로고    scopus 로고
    • Efficiency of multinational banks: An empirical investigation
    • Chang, E. C., Hasan, I. and Hunter, W C. (1998): "Efficiency of multinational banks: an empirical investigation", Journal Applied Financial Economics, Vol. 8, pp. 689-696. (Pubitemid 128435124)
    • (1998) Applied Financial Economics , vol.8 , Issue.6 , pp. 689-696
    • Chang, C.E.1    Hasan, I.2    Hunter, W.C.3
  • 20
    • 18044399410 scopus 로고    scopus 로고
    • How does foreign entry affect domestic banking markets?
    • DOI 10.1016/S0378-4266(00)00102-3, PII S0378426600001023
    • Claessens, S., Demirguc-Kunt, A. and Huizinga, H. (2001): "How does foreign entry affect domestic banking markets?", Journal of Banking and Finance, Vol. 25, pp. 891-911. (Pubitemid 33632198)
    • (2001) Journal of Banking and Finance , vol.25 , Issue.5 , pp. 891-911
    • Claessens, S.1    Demirguc-Kunt, A.2    Huizinga, H.3
  • 22
    • 0037776765 scopus 로고    scopus 로고
    • How the environment determines banking efficiency: A comparison between French and Spanish industries
    • Dietsch, M. and Lozano-Vivas, A. (2000): "How the environment determines banking efficiency: A comparison between French and Spanish industries", Journal of Banking and Finance, Vol. 24, pp. 985-1004.
    • (2000) Journal of Banking and Finance , vol.24 , pp. 985-1004
    • Dietsch, M.1    Lozano-Vivas, A.2
  • 23
  • 24
    • 67649918181 scopus 로고    scopus 로고
    • Financial sector macro efficiency: Concepts, measurement, theoretical and empirical evidence
    • In Balling M., Lierman F and Mullineux A. (eds.): Routledge / SUERF
    • Fink G., Haiss P and Mantler H. C. (2004). "Financial sector macro efficiency: Concepts, measurement, theoretical and empirical evidence." In Balling M., Lierman F and Mullineux A. (eds.): "Financial Markets in Central and Eastern Europe. Stability and efficiency perspectives" Routledge / SUERF, pp. 61-98.
    • (2004) Financial Markets in Central and Eastern Europe. Stability and Efficiency Perspectives , pp. 61-98
    • Fink, G.1    Haiss, P.2    Mantler, H.C.3
  • 25
    • 8644235094 scopus 로고    scopus 로고
    • Cost efficiency of banks in transition: Evidence from 289 banks in 15 post-communist countries
    • DOI 10.1016/j.jbankfin.2004.06.016, PII S0378426604001153
    • Fries, S. and Taci, A. (2005): "Cost efficiency of banks in transition: Evidence from 289 banks in 15 post-communist countries", Journal of Banking and Finance, Vol. 29, pp. 55-81. (Pubitemid 39498861)
    • (2005) Journal of Banking and Finance , vol.29 , Issue.1 SPEC. ISS , pp. 55-81
    • Fries, S.1    Taci, A.2
  • 26
    • 0030138425 scopus 로고    scopus 로고
    • The structure performance relationship for European banking
    • Goldberg L. G and Rai A. (1996): "The structure performance relationship for European banking". Journal of Banking and Finance, Vol. 20, pp. 745-771.
    • (1996) Journal of Banking and Finance , vol.20 , pp. 745-771
    • Goldberg, L.G.1    Rai, A.2
  • 28
    • 0000682720 scopus 로고    scopus 로고
    • Efficiency of japanese multinational banks in the United States
    • In Chen, A. H. (editor): Greenwich: JAI Press
    • Hasan, I. and Hunter, W. C. (1996): "Efficiency of Japanese Multinational Banks in the United States". In Chen, A. H. (editor): Research in Finance. Greenwich: JAI Press, pp. 157-173.
    • (1996) Research in Finance. , pp. 157-173
    • Hasan, I.1    Hunter, W.C.2
  • 32
    • 49049139741 scopus 로고
    • On the estimation of the technical inefficiency in the stochastic frontier production function model
    • Jondrow, J., Knox Lovell, C. A., Materov, I. S. and Schmidt, P (1982): "On the estimation of the technical inefficiency in the stochastic frontier production function model", Journal of Econometrics, Vol. 19, pp. 233-238.
    • (1982) Journal of Econometrics , vol.19 , pp. 233-238
    • Jondrow, J.1    Knox Lovell, C.A.2    Materov, I.S.3    Schmidt, P.4
  • 33
    • 21844510809 scopus 로고
    • Short-run cost inefficiency of commercial banks: A flexible stochastic frontier approach
    • Kaparakis, E. I., Miller, S. M. and Noulas, A. G (1994): "Short-Run Cost Inefficiency of Commercial Banks: A Flexible Stochastic Frontier Approach", Journal of Money, Credit, and Banking, Vol. 26, No. 4, pp. 875-893.
    • (1994) Journal of Money, Credit, and Banking , vol.26 , Issue.4 , pp. 875-893
    • Kaparakis, E.I.1    Miller, S.M.2    Noulas, A.G.3
  • 34
    • 33744906075 scopus 로고    scopus 로고
    • Cost and profit efficiencies in transition banking: The case of new EU members
    • DOI 10.1080/00036840600639022, PII H868934532358
    • Kasman, A. and Yildirim, C. (2006). Cost and profit efficiencies in transition banking: the case of new EU members. Applied Economics, Vol. 38, pp. 1079-1090. (Pubitemid 43840729)
    • (2006) Applied Economics , vol.38 , Issue.9 , pp. 1079-1090
    • Kasman, A.1    Yildirim, C.2
  • 36
    • 72649094353 scopus 로고    scopus 로고
    • Ownership structure and profitability of the banking sector: The evidence from SEE region
    • Košak M. and Čok M. (2008). "Ownership structure and profitability of the banking sector : the evidence from SEE region", Zbornik radova Ekonomskog fakuletat u Rijeci, Vol. 26, No. 1, pp. 93-122.
    • (2008) Zbornik Radova Ekonomskog Fakuletat U Rijeci , vol.26 , Issue.1 , pp. 93-122
    • Košak, M.1    Čok, M.2
  • 37
    • 33846986868 scopus 로고
    • A generalized production frontier approach for estimating determinants of inefficiency in US dairy farms
    • Kumbhakar, S. C., Ghost, S., McGuckin, J. T. (1991). A Generalized Production Frontier Approach for Estimating Determinants of Inefficiency in US Dairy Farms. Journal of Business and Economic Statistics 9(3), 279-286.
    • (1991) Journal of Business and Economic Statistics , vol.9 , Issue.3 , pp. 279-286
    • Kumbhakar, S.C.1    Ghost, S.2    McGuckin, J.T.3
  • 38
    • 0001318112 scopus 로고
    • Allocative Efficiency vs. X-Efficiency
    • Leibenstein H. (1966): "Allocative Efficiency vs. "X-Efficiency"". American Economic Review, Vol. 56, No. 2, pp. 392-415.
    • (1966) American Economic Review , vol.56 , Issue.2 , pp. 392-415
    • Leibenstein, H.1
  • 39
    • 0002216857 scopus 로고
    • Production frontier and productive efficiency
    • In Fried, H. O., Lovell, C. A. K. and Schmidt, S. S. (editors): Oxford: Oxford University press
    • Lovell, C. A. K. (1993): "Production Frontier and Productive Efficiency". In Fried, H. O., Lovell, C. A. K. and Schmidt, S. S. (editors): The Measurement of Productive Efficiency. Oxford: Oxford University press, pp. 3-67.
    • (1993) The Measurement of Productive Efficiency. , pp. 3-67
    • Lovell, C.A.K.1
  • 41
    • 0012764751 scopus 로고    scopus 로고
    • Foreign banks in emerging markets
    • In Litan, R. E., Masson, P and Pomerleano, M. (editors): Washington DC: Brookings Institution Press
    • Mathieson, D. J. and Roldos, J. (2001): "Foreign Banks in Emerging Markets". In Litan, R. E., Masson, P and Pomerleano, M. (editors): Open Doors - Foreign Participation in Financial Systems in Developing Countries. Washington DC: Brookings Institution Press, pp. 15-55.
    • (2001) Open Doors - Foreign Participation in Financial Systems in Developing Countries. , pp. 15-55
    • Mathieson, D.J.1    Roldos, J.2
  • 43
    • 0001183404 scopus 로고
    • Efficiency estimation from cobb-douglas production functions with composed error
    • Meeusen, W. and van den Broeck, J. (1977): "Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error", International Economic Review, Vol. 18, No. 2, pp. 435-444.
    • (1977) International Economic Review , vol.18 , Issue.2 , pp. 435-444
    • Meeusen, W.1    Van Den Broeck, J.2
  • 44
    • 0000976473 scopus 로고
    • Efficiency in the savings and loan industry
    • Mester, L. J. (1993): "Efficiency in the savings and loan industry", Journal of Banking and Finance, Vol. 17, pp. 267-86.
    • (1993) Journal of Banking and Finance , vol.17 , pp. 267-286
    • Mester, L.J.1
  • 47
    • 0036019298 scopus 로고    scopus 로고
    • Customer type and bank efficiency in Poland: Implications for emerging market banking
    • Nikiel, E. M. and Opiela, T. P (2002): "Customer type and bank efficiency in Poland: Implications for emerging market banking", Contemporary Economic Policy, Vol. 20, No. 3, pp. 255-271.
    • (2002) Contemporary Economic Policy , vol.20 , Issue.3 , pp. 255-271
    • Nikiel, E.M.1    Opiela, T.P.2
  • 48
    • 0001783081 scopus 로고
    • The measurement and sources of technical inefficiency in the indonesian weaving industry
    • Pitt, M. and Lee, L.F (1981). The Measurement and Sources of Technical Inefficiency in the Indonesian Weaving Industry. Journal of Development Economics 9, pp. 43-64.
    • (1981) Journal of Development Economics , vol.9 , pp. 43-64
    • Pitt, M.1    Lee, L.F.2
  • 50
    • 84994204331 scopus 로고    scopus 로고
    • Economies of scale and efficiency in European banking: New evidence
    • Luxembourg: EIB
    • Schure, P and Wagenvoort, R. (1999): Economies of Scale and Efficiency in European Banking: New Evidence. Economic and Financial Reports 99/01. Luxembourg: EIB.
    • (1999) Economic and Financial Reports 99/01.
    • Schure, P.1    Wagenvoort, R.2
  • 51
    • 84977382344 scopus 로고
    • Inputs, Outputs, and a Theory of Production and Cost at Depository Financial Institutions
    • Sealey Jr., C. W. and Lindley, J. T. (1977): "Inputs, Outputs, and a Theory of Production and Cost at Depository Financial Institutions", Journal of Finance, Vol. 32, No. 4, pp. 1251-1266.
    • (1977) Journal of Finance , vol.32 , Issue.4 , pp. 1251-1266
    • Sealey Jr., C.W.1    Lindley, J.T.2
  • 52
  • 53
    • 0141451858 scopus 로고    scopus 로고
    • One-step and two-step estimation of the effects of exogenous variables on technical efficiency levels
    • DOI 10.1023/A:1016565719882
    • Wang, H. and Schmidt, P (2002). One-Step and Two-Step Estimation of the Effects of Exogenous Variables on Technical Efficiency Levels. Journal of Productivity Analysis 18, 129-144. (Pubitemid 37131015)
    • (2002) Journal of Productivity Analysis , vol.18 , Issue.2 , pp. 129-144
    • Wang, H.-J.1    Schmidt, P.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.