Comparative analysis of banking production frameworks in eastern european financial markets

Karligash Kenjegalieva (), Richard Simper (), Tom Weyman-Jones and Valentin Zelenyuk

European Journal of Operational Research, 2009, vol. 198, issue 1, 326-340

Abstract: This paper performs comparative analysis of the non-radial Russell output technical efficiency measures of 13 Eastern European banking systems assuming a banking production with risk as an undesirable output and where output components can be negative. This is analysed utilizing three modelling specifications; the intermediation, production and profit methodologies. Along with distribution and inter-distribution mobility analysis of the efficiency scores across alternative methodologies, we also estimate and statistically compare the distributions of estimated efficiency scores using the bootstrap-based Simar-Zelenyuk-adapted-Li test. The results suggest that although the efficiency levels differ across the approaches, change in positions of the banks relative to the mean is not substantial across the three methodologies.

Keywords: C14; G21; L1; OR; in; banking; Efficiency; Bootstrapping; Density; estimation (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (23)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:198:y:2009:i:1:p:326-340

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