Post-crisis cost efficiency of Jamaican banks

Jenifer Daley, Kent Matthews and Tiantian Zhang ()
Additional contact information
Tiantian Zhang: Cardiff Business School

No E2011/27, Cardiff Economics Working Papers from Cardiff University, Cardiff Business School, Economics Section

Abstract: Deregulation, re-regulation and continuing globalisation embody an imperative that banks increase efficiency in order to survive. We employ the Simar-Wilson (2007) two-step double bootstrap Data Envelopment Analysis method to measure whether cost efficiency among Jamaican banks has improved between 1999 and 2009 following a number of post-crisis responses aimed at strengthening and improving the sector. Efficiency is extracted from a meta-frontier construction for the full sample period. In addition we conduct tests for unconditional beta- and sigma-convergence and overall, the results suggest that there has been a tendency towards improvement in bank efficiency levels for the industry as a whole but there is also evidence that foreign banks show a higher trend improvement in efficiency.

Keywords: Bank efficiency; DEA; bootstrap; convergence; Jamaica (search for similar items in EconPapers)
JEL-codes: G21 G28 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2011-11
New Economics Papers: this item is included in nep-eff and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://carbsecon.com/wp/E2011_27.pdf (application/pdf)

Related works:
Journal Article: Post-crisis cost efficiency of Jamaican banks (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdf:wpaper:2011/27

Access Statistics for this paper

More papers in Cardiff Economics Working Papers from Cardiff University, Cardiff Business School, Economics Section Contact information at EDIRC.
Bibliographic data for series maintained by Yongdeng Xu ().