Total Factor Productivity Change in Non-Bank Financial Institutions: Evidence From Malaysia Applying a Malmquist Productivity Index (MPI)

Fadzlan SUFIAN ()

Applied Econometrics and International Development, 2007, vol. 7, issue 1

Abstract: Applying a non-parametric Malmquist Productivity Index (MPI) method, this paper attempts to investigate productivity changes of Malaysian non-bank financial institutions during the post crisis period of 2000-2004. Our results suggest that: (1) Malaysian NBFIs have exhibit productivity regress of 2.3% and that the productivity regress during the period was largely attributed to Technological Change (-5.9%) rather than Technical Efficiency Change (+5.1%). (2) 60% of Malaysian NBFIs have exhibit productivity regress ranging from 1.3% to as high as 45.8% and (3) PTE has greater positive impact to Malaysian NBFIs Technical Efficiency, which congregates to earlier findings by Krishnasamy et al. (2004) on Malaysian banks.

Keywords: Non-Commercial Bank Financial Intermediaries; Productivity Change; Malmquist Productivity Index; Malaysia (search for similar items in EconPapers)
JEL-codes: G21 D24 (search for similar items in EconPapers)

Downloads: (external link)
http://www.usc.es/~economet/journals1/aeid/aeid7116.pdf
Access restricted to subscribers and Pay Per View access through SSRN. Free on line subscription for universities from low income countries. More information at http://www.usc.es/economet/info.htm

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Ordering information: This journal article can be ordered from
http://www.usc.es/economet/info.htm

Access Statistics for this article

More articles in Applied Econometrics and International Development from Euro-American Association of Economic Development
Series data maintained by M. Carmen Guisan ().