Abstract:
This paper estimated cost inefficiency, scale and scope measures and cost productivity growth rates of banks in United Arab Emirates during 1998 (a bad year for banks due to lower oil price) and 2000 ( a good year for banks as the oil prices were higher). The study provided evidence that: Substantial cost X-inefficiencies and scope economies existed in UAE banks; Average small banks improved their scale economies in 2000, while large banks maintained constant returns to sclae than in 1998; Cost productivity rate of average banks increased by 24% (when compared to the best-practicing banks)
Keywords:UAE Banks; Cost Inefficiency; Scale & Scope estimates; Cost Productivity Growth rates; International investment (search for similar items in EconPapers) JEL-codes:G21 (search for similar items in EconPapers) Date: 2003-04-26 Note: Type of Document - Windows-Word; prepared on Windows-NT; to print on HP/PostScript/Franciscan monk; pages: 40; figures: included. The refereed manuscript was presented at Financial Management Association International Conference at Copenhagen on 6th June 2002. The first draft modified version of the paper has been submitted for reviewe to International Journal of Finance and Banking View list of references