dc.contributor.author |
Koutsomanoli-Filippaki, A |
en |
dc.contributor.author |
Margaritis, Dimitrios |
en |
dc.contributor.author |
Staikouras, C |
en |
dc.date.accessioned |
2012-03-05T00:23:36Z |
en |
dc.date.issued |
2009 |
en |
dc.identifier.citation |
Journal of Banking and Finance 33(3):557-567 2009 |
en |
dc.identifier.issn |
0378-4266 |
en |
dc.identifier.uri |
http://hdl.handle.net/2292/12814 |
en |
dc.description.abstract |
We employ the directional technology distance function and provide estimates of bank efficiency and productivity change across Central and Eastern European (CEE) countries and across banks with different ownership status for the period 1998–2003. Our results demonstrate the strong links of competition and concentration with bank efficiency. They also show that productivity for the whole region initially declined but has improved more recently with further progress on institutional and structural reforms. Input-biased technical change has been consistently positive throughout the entire period suggesting that the reforms have induced favorable changes in relative input prices and input mix. However we find evidence of diverging trends in productivity growth patterns across banking industries and that foreign banks outperform domestic private and state-owned banks both in terms of efficiency and productivity gains. Overall, we find that productivity change in CEE is driven by technological change rather than efficiency change. |
en |
dc.publisher |
Elsevier |
en |
dc.relation.ispartofseries |
Journal of Banking & Finance |
en |
dc.rights |
Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. Details obtained from http://www.sherpa.ac.uk/romeo/issn/0378-4266/ |
en |
dc.rights.uri |
https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm |
en |
dc.subject |
Banking efficiency |
en |
dc.subject |
Transition economies |
en |
dc.subject |
Stochastic frontier analysis |
en |
dc.subject |
Directional distance functions |
en |
dc.subject |
Luenberger productivity indicator |
en |
dc.title |
Efficiency and productivity growth in the banking industry of Central and Eastern Europe |
en |
dc.type |
Journal Article |
en |
dc.identifier.doi |
10.1016/j.jbankfin.2008.09.009 |
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pubs.begin-page |
557 |
en |
pubs.volume |
33 |
en |
dc.rights.holder |
Copyright: Elsevier |
en |
pubs.end-page |
567 |
en |
pubs.publication-status |
Published |
en |
dc.rights.accessrights |
http://purl.org/eprint/accessRights/RestrictedAccess |
en |
pubs.subtype |
Article |
en |
pubs.elements-id |
188193 |
en |
pubs.org-id |
Business and Economics |
en |
pubs.org-id |
Accounting and Finance |
en |
pubs.record-created-at-source-date |
2010-11-29 |
en |