메뉴 건너뛰기




Volumn 21, Issue 4, 2010, Pages 617-628

Bank productivity in China 1997-2007: Measurement and convergence

Author keywords

Bank efficiency; Bootstrap; China; Malmquist; Productivity

Indexed keywords


EID: 78049258232     PISSN: 1043951X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.chieco.2010.06.004     Document Type: Article
Times cited : (72)

References (57)
  • 1
    • 0035587058 scopus 로고    scopus 로고
    • A nonparametric approach for assessing productivity dynamics of large US banks
    • Alam I.S. A nonparametric approach for assessing productivity dynamics of large US banks. Journal of Money, Credit and Banking 2001, 33:121-139.
    • (2001) Journal of Money, Credit and Banking , vol.33 , pp. 121-139
    • Alam, I.S.1
  • 2
    • 0009643156 scopus 로고    scopus 로고
    • Hypothesis tests using data envelope analysis: A statistical foundation
    • Banker R.D. Hypothesis tests using data envelope analysis: A statistical foundation. Journal of Productivity Analysis 1996, 7:139-159.
    • (1996) Journal of Productivity Analysis , vol.7 , pp. 139-159
    • Banker, R.D.1
  • 6
    • 84886361748 scopus 로고
    • Contestable markets: An uprising in the theory of industry structure
    • Baumol W. Contestable markets: An uprising in the theory of industry structure. The American Economic Review 1982, 72:1-15.
    • (1982) The American Economic Review , vol.72 , pp. 1-15
    • Baumol, W.1
  • 7
    • 0001695429 scopus 로고
    • Malmquist indices of productivity growth during the deregulation of Norwegian banking, 1980-89
    • (supplement)
    • Berg S., Finn R., Eilev S. Malmquist indices of productivity growth during the deregulation of Norwegian banking, 1980-89. Scandinavian Journal of Economics 1992, 94:211-228. (supplement).
    • (1992) Scandinavian Journal of Economics , vol.94 , pp. 211-228
    • Berg, S.1    Finn, R.2    Eilev, S.3
  • 8
    • 0141799901 scopus 로고    scopus 로고
    • A note on banking efficiency in Portugal, new vs old banks
    • Canhoto A., Dermine J. A note on banking efficiency in Portugal, new vs old banks. Journal of Banking & Finance 2003, 27:2087-2098.
    • (2003) Journal of Banking & Finance , vol.27 , pp. 2087-2098
    • Canhoto, A.1    Dermine, J.2
  • 10
    • 4544300250 scopus 로고    scopus 로고
    • Productivity change in European banking: A comparison of parametric and non-parametric approaches
    • Casu B., Girardone C., Molyneux P. Productivity change in European banking: A comparison of parametric and non-parametric approaches. Journal of Banking & Finance 2004, 28:2521-2540.
    • (2004) Journal of Banking & Finance , vol.28 , pp. 2521-2540
    • Casu, B.1    Girardone, C.2    Molyneux, P.3
  • 11
    • 67749134134 scopus 로고    scopus 로고
    • Application of Malmquist index: Productivity dynamics of commercial banks in China
    • (Chinese language)
    • Chen G. Application of Malmquist index: Productivity dynamics of commercial banks in China. Journal of Policy Making Reference 2002, 15(5):31-35. (Chinese language).
    • (2002) Journal of Policy Making Reference , vol.15 , Issue.5 , pp. 31-35
    • Chen, G.1
  • 12
    • 27144539866 scopus 로고    scopus 로고
    • Banking efficiency in China: Applications of DEA to pre-and post-deregulation eras: 1993-2000
    • Chen X., Skully M., Brown K. Banking efficiency in China: Applications of DEA to pre-and post-deregulation eras: 1993-2000. China Economic Review 2005, 16:2229-2245.
    • (2005) China Economic Review , vol.16 , pp. 2229-2245
    • Chen, X.1    Skully, M.2    Brown, K.3
  • 13
    • 0034816888 scopus 로고    scopus 로고
    • Efficiency and productivity change in UK banking
    • Drake L. Efficiency and productivity change in UK banking. Applied Financial Economics 2001, 11:557-571.
    • (2001) Applied Financial Economics , vol.11 , pp. 557-571
    • Drake, L.1
  • 14
    • 0028578878 scopus 로고
    • Productivity growth, technical progress, and efficiency change in industrialized countries
    • Färe R., Grosskop S., Norris M. Productivity growth, technical progress, and efficiency change in industrialized countries. The American Economic Review 1994, 84:66-83.
    • (1994) The American Economic Review , vol.84 , pp. 66-83
    • Färe, R.1    Grosskop, S.2    Norris, M.3
  • 15
    • 56249143139 scopus 로고    scopus 로고
    • Are new tigers supplanting old mammoths in China's banking system? Evidence from a sample of city commercial banks
    • Ferri G. Are new tigers supplanting old mammoths in China's banking system? Evidence from a sample of city commercial banks. Journal of Banking & Finance 2009, 33(1):131-140.
    • (2009) Journal of Banking & Finance , vol.33 , Issue.1 , pp. 131-140
    • Ferri, G.1
  • 17
    • 0001840378 scopus 로고
    • Measuring efficiency and productivity growth in Japanese banking: A non-parametric frontier approach
    • Fukuyama H. Measuring efficiency and productivity growth in Japanese banking: A non-parametric frontier approach. Applied Financial Economics 1995, 5:95-117.
    • (1995) Applied Financial Economics , vol.5 , pp. 95-117
    • Fukuyama, H.1
  • 18
    • 33747370464 scopus 로고    scopus 로고
    • Scale economies, X-efficiency, and convergence of productivity among bank holding companies
    • Fung M.K. Scale economies, X-efficiency, and convergence of productivity among bank holding companies. Journal of Banking & Finance 2006, 30:2857-2874.
    • (2006) Journal of Banking & Finance , vol.30 , pp. 2857-2874
    • Fung, M.K.1
  • 20
    • 0006742118 scopus 로고    scopus 로고
    • Effects of deregulation on the productivity of Korean banks
    • Gilbert R.A., Wilson P.W. Effects of deregulation on the productivity of Korean banks. Journal of Economics and Business 1998, 50:133-155.
    • (1998) Journal of Economics and Business , vol.50 , pp. 133-155
    • Gilbert, R.A.1    Wilson, P.W.2
  • 21
    • 84963458854 scopus 로고
    • On the definition and measurement of bank output
    • Goldschmidt A. On the definition and measurement of bank output. Journal of Banking & Finance 1981, 5:575-581.
    • (1981) Journal of Banking & Finance , vol.5 , pp. 575-581
    • Goldschmidt, A.1
  • 23
    • 3843078580 scopus 로고    scopus 로고
    • Some remarks on productivity and its decompositions
    • Grosskopf S. Some remarks on productivity and its decompositions. Journal of Productivity Analysis 2003, 20:459-474.
    • (2003) Journal of Productivity Analysis , vol.20 , pp. 459-474
    • Grosskopf, S.1
  • 24
    • 0003296777 scopus 로고    scopus 로고
    • The bootstrap
    • Elsevier, North-Holland: Amsterdam, J. Heckman, E. Leamer (Eds.)
    • Horowitz J.L. The bootstrap. Handbook of econometrics, Volume 5 2001, Elsevier, North-Holland: Amsterdam. J. Heckman, E. Leamer (Eds.).
    • (2001) Handbook of econometrics, Volume 5
    • Horowitz, J.L.1
  • 25
    • 78049318624 scopus 로고    scopus 로고
    • Empirical analysis on Malmquist productivity index of Chinese commercial banking
    • (Chinese language)
    • Hou S., Wang Z. Empirical analysis on Malmquist productivity index of Chinese commercial banking. Journal of Northwest University (Philosophy and Social Sciences Edition) 2006, 36(2):41-45. (Chinese language).
    • (2006) Journal of Northwest University (Philosophy and Social Sciences Edition) , vol.36 , Issue.2 , pp. 41-45
    • Hou, S.1    Wang, Z.2
  • 26
    • 0036891287 scopus 로고    scopus 로고
    • Is meltdown of the Chinese banks inevitable?
    • Huang Y. Is meltdown of the Chinese banks inevitable?. China Economic Review 2002, 13:382-387.
    • (2002) China Economic Review , vol.13 , pp. 382-387
    • Huang, Y.1
  • 27
    • 0038309723 scopus 로고    scopus 로고
    • Financial deregulation and total factor productivity change: An empirical study of Turkish commercial banks
    • Isik I., Hassan Financial deregulation and total factor productivity change: An empirical study of Turkish commercial banks. Journal of Banking & Finance 2003, 27:1455-1485.
    • (2003) Journal of Banking & Finance , vol.27 , pp. 1455-1485
    • Isik, I.1    Hassan2
  • 28
    • 36049048273 scopus 로고    scopus 로고
    • Economic reforms, efficiency and productivity in Chinese banks
    • Khumbhakar S.C., Wang D. Economic reforms, efficiency and productivity in Chinese banks. Journal of Regulatory Economics 2007, 32:105-129.
    • (2007) Journal of Regulatory Economics , vol.32 , pp. 105-129
    • Khumbhakar, S.C.1    Wang, D.2
  • 30
    • 73149119994 scopus 로고    scopus 로고
    • Impact of the global financial crisis on China: Empirical evidence and policy implications
    • Liu L. Impact of the global financial crisis on China: Empirical evidence and policy implications. China & World Economy 2009, 17(6):1-23.
    • (2009) China & World Economy , vol.17 , Issue.6 , pp. 1-23
    • Liu, L.1
  • 31
    • 0032810403 scopus 로고    scopus 로고
    • Bootstrapping the data envelope analysis Malmquist productivity index
    • L?thgreen M., Tambour M. Bootstrapping the data envelope analysis Malmquist productivity index. Applied Economics 1999, 31:417-425.
    • (1999) Applied Economics , vol.31 , pp. 417-425
    • Lthgreen, M.1    Tambour, M.2
  • 32
    • 3242658222 scopus 로고    scopus 로고
    • The decomposition of Malmquist productivity indexes
    • Lovell C.A.K. The decomposition of Malmquist productivity indexes. Journal of Productivity Analysis 2003, 20:437-458.
    • (2003) Journal of Productivity Analysis , vol.20 , pp. 437-458
    • Lovell, C.A.K.1
  • 33
    • 67749097628 scopus 로고    scopus 로고
    • Non-performing loans and productivity in Chinese banks 1997-2006
    • Matthews K., Guo J., Zhang X. Non-performing loans and productivity in Chinese banks 1997-2006. The Chinese Economy 2009, 42(2):30-47.
    • (2009) The Chinese Economy , vol.42 , Issue.2 , pp. 30-47
    • Matthews, K.1    Guo, J.2    Zhang, X.3
  • 35
    • 0041834701 scopus 로고    scopus 로고
    • Productivity growth in large US commercial banks: The initial post-deregulation experience
    • Mukherjee K., Ray K., Miller S. Productivity growth in large US commercial banks: The initial post-deregulation experience. Journal of Banking & Finance 2001, 25:913-939.
    • (2001) Journal of Banking & Finance , vol.25 , pp. 913-939
    • Mukherjee, K.1    Ray, K.2    Miller, S.3
  • 37
    • 36048930990 scopus 로고    scopus 로고
    • Efficiency and productivity change in Australian banking
    • Neal P. Efficiency and productivity change in Australian banking. Australian Economic Papers 2004, 43:174-192.
    • (2004) Australian Economic Papers , vol.43 , pp. 174-192
    • Neal, P.1
  • 38
    • 67749098198 scopus 로고    scopus 로고
    • An analysis on Malmquist productivity index for China's commercial banks
    • (Chinese language)
    • Ni H., Wan D. An analysis on Malmquist productivity index for China's commercial banks. Shanghai Finance 2006, 1:27-28. (Chinese language).
    • (2006) Shanghai Finance , vol.1 , pp. 27-28
    • Ni, H.1    Wan, D.2
  • 39
    • 0001600272 scopus 로고    scopus 로고
    • Productivity growth in the hellenic banking industry: State versus private banks
    • Noulas A. Productivity growth in the hellenic banking industry: State versus private banks. Applied Financial Economics 1997, 7:223-228.
    • (1997) Applied Financial Economics , vol.7 , pp. 223-228
    • Noulas, A.1
  • 40
    • 33745992969 scopus 로고    scopus 로고
    • A note on efficiency and productivity growth in the Korean banking industry, 1992-2002
    • Park K., Weber W. A note on efficiency and productivity growth in the Korean banking industry, 1992-2002. Journal of Banking & Finance 2006, 30:2371-2386.
    • (2006) Journal of Banking & Finance , vol.30 , pp. 2371-2386
    • Park, K.1    Weber, W.2
  • 41
    • 78049236680 scopus 로고    scopus 로고
    • Pricewaterhouse Coopers. Foreign Banks in China, May.
    • Pricewaterhouse Coopers (2007). Foreign Banks in China, May.
    • (2007)
  • 42
    • 85082078903 scopus 로고    scopus 로고
    • Productivity growth, technical progress and efficiency change in industrialized countries: Comment
    • Ray S.C., Desli E. Productivity growth, technical progress and efficiency change in industrialized countries: Comment. The American Economic Review 1997, 87:1033-1039.
    • (1997) The American Economic Review , vol.87 , pp. 1033-1039
    • Ray, S.C.1    Desli, E.2
  • 43
    • 78049311922 scopus 로고    scopus 로고
    • Myths and realities: investing in China's NPL asset market. Deutsche Bank China Expert Series, 23 March 2005.
    • Rodman, J. (2005). Myths and realities: investing in China's NPL asset market. Deutsche Bank China Expert Series, 23 March 2005.
    • (2005)
    • Rodman, J.1
  • 44
    • 4243135189 scopus 로고    scopus 로고
    • The classical approach to convergence analysis
    • Sala-i-Martin X.X. The classical approach to convergence analysis. The Economic Journal 1996, 106(437):1019-1036.
    • (1996) The Economic Journal , vol.106 , Issue.437 , pp. 1019-1036
    • Sala-i-Martin, X.X.1
  • 45
    • 0035898995 scopus 로고    scopus 로고
    • Undesirable outputs in efficiency valuations
    • Scheel H. Undesirable outputs in efficiency valuations. European Journal of Operational Research 2001, 132(2):400-410.
    • (2001) European Journal of Operational Research , vol.132 , Issue.2 , pp. 400-410
    • Scheel, H.1
  • 46
    • 84977382344 scopus 로고
    • Inputs, outputs, and a theory of production and cost at depository financial institutions
    • Sealey C.W., Lindley J.T. Inputs, outputs, and a theory of production and cost at depository financial institutions. Journal of Finance 1977, 32(4):1251-1266.
    • (1977) Journal of Finance , vol.32 , Issue.4 , pp. 1251-1266
    • Sealey, C.W.1    Lindley, J.T.2
  • 47
    • 0031677963 scopus 로고    scopus 로고
    • Sensitivity analysis of efficiency scores: How to bootstrap in nonparametric frontier models
    • Simar L., Wilson P. Sensitivity analysis of efficiency scores: How to bootstrap in nonparametric frontier models. Management Science 1998, 44(1):49-61.
    • (1998) Management Science , vol.44 , Issue.1 , pp. 49-61
    • Simar, L.1    Wilson, P.2
  • 49
    • 0034393216 scopus 로고    scopus 로고
    • Statistical inference in nonparametric frontier models: The state of the art
    • Simar L., Wilson P. Statistical inference in nonparametric frontier models: The state of the art. Journal of Productivity Analysis 2000, 13:49-78.
    • (2000) Journal of Productivity Analysis , vol.13 , pp. 49-78
    • Simar, L.1    Wilson, P.2
  • 50
    • 67749144296 scopus 로고    scopus 로고
    • Can foreign banks stimulate the increase in efficiency of Chinese banks?
    • (Chinese language)
    • Sun Z., Fang X.M. Can foreign banks stimulate the increase in efficiency of Chinese banks?. Contemporary Finance and Economics 2007, 275:56-62. (Chinese language).
    • (2007) Contemporary Finance and Economics , vol.275 , pp. 56-62
    • Sun, Z.1    Fang, X.M.2
  • 51
    • 78049316012 scopus 로고    scopus 로고
    • An analysis of dynamic change in the efficiency of commercial bank of China based on an improved DEA model
    • (Chinese language)
    • Tang Z.X., Wang C. An analysis of dynamic change in the efficiency of commercial bank of China based on an improved DEA model. Journal of Jinan University (Philosophy and Social Sciences) 2006, 124:62-66. (Chinese language).
    • (2006) Journal of Jinan University (Philosophy and Social Sciences) , vol.124 , pp. 62-66
    • Tang, Z.X.1    Wang, C.2
  • 52
    • 84920089370 scopus 로고    scopus 로고
    • Data envelope analysis: The mathematical programming approach to efficiency analysis
    • Oxford University Press, Oxford, H. Fried, C.A. Knox-Lovell, S. Schmidt (Eds.)
    • Thanassoulis E., Portela M., Despi? O. Data envelope analysis: The mathematical programming approach to efficiency analysis. The measurement of productive efficiency and productivity growth 2008, Oxford University Press, Oxford. H. Fried, C.A. Knox-Lovell, S. Schmidt (Eds.).
    • (2008) The measurement of productive efficiency and productivity growth
    • Thanassoulis, E.1    Portela, M.2    Despi, O.3
  • 53
    • 34548583867 scopus 로고    scopus 로고
    • Sensitivity analysis of Efficiency and Malmquist productivity indices: An application to Spanish Savings banks
    • Tortosa-Ausina E., Grifell-Taté E., Armero C., Conesa D. Sensitivity analysis of Efficiency and Malmquist productivity indices: An application to Spanish Savings banks. European Journal of Operational Research 2008, 184:1062-1084.
    • (2008) European Journal of Operational Research , vol.184 , pp. 1062-1084
    • Tortosa-Ausina, E.1    Grifell-Taté, E.2    Armero, C.3    Conesa, D.4
  • 55
    • 0033445455 scopus 로고    scopus 로고
    • Technical progress, inefficiency and productivity change in U.S. banking, 1984-1993
    • Wheelock D.C., Wilson P.W. Technical progress, inefficiency and productivity change in U.S. banking, 1984-1993. Journal of Money, Credit and Banking 1999, 31:212-234.
    • (1999) Journal of Money, Credit and Banking , vol.31 , pp. 212-234
    • Wheelock, D.C.1    Wilson, P.W.2
  • 56
    • 0033175525 scopus 로고    scopus 로고
    • Malmquist indices of productivity change in Australian financial services
    • Worthington A. Malmquist indices of productivity change in Australian financial services. Journal of International Financial Markets and Money 1999, 9:303-320.
    • (1999) Journal of International Financial Markets and Money , vol.9 , pp. 303-320
    • Worthington, A.1
  • 57
    • 67749149108 scopus 로고    scopus 로고
    • The empirical analysis of efficiency of commercial bank of China based on Malmquist index approach
    • (Chinese language)
    • Zhang J., Wu Y.H. The empirical analysis of efficiency of commercial bank of China based on Malmquist index approach. Journal of Hebei University of Technology 2005, 34(5):37-41. (Chinese language).
    • (2005) Journal of Hebei University of Technology , vol.34 , Issue.5 , pp. 37-41
    • Zhang, J.1    Wu, Y.H.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.