Environmental factors affecting Hong Kong banking: A post-Asian financial crisis efficiency analysis

Maximilian Hall, Karligash Kenjegalieva () and Richard Simper ()

Global Finance Journal, 2012, vol. 23, issue 3, 184-201

Abstract: This paper examines the evolution of Hong Kong banks' technical efficiency during the period 2000–2006 through the prism of the intermediation and production approaches. Using a modified slacks-based model and purging efficiency scores of random errors, we analyse trends in bank efficiency and identify ‘environmental’ factors that affect the scores. Analysis reveals that Hong Kong banks suffered a severe downturn in technical efficiency during 2001 but recovered by 2006. Finally, private housing rent and the net export of goods and services are found to be negatively correlated with bank efficiency, while private consumption is shown to be positively correlated.

Keywords: Hong Kong banks; DEA; Environmental factors; Bias (search for similar items in EconPapers)
JEL-codes: C14 C44 G21 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S104402831200035X
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Environmental Factors Affecting Hong Kong Banking: A Post-Asian Financial Crisis Efficiency Analysis (2008)
Working Paper: Environmental Factors Affecting Hong Kong Banking: A Post-Asian Financial Crisis Efficiency Analysis (2008)
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:eee:glofin:v:23:y:2012:i:3:p:184-201

DOI: 10.1016/j.gfj.2012.10.004

Access Statistics for this article

Global Finance Journal is currently edited by Manuchehr Shahrokhi

More articles in Global Finance Journal from Elsevier
Bibliographic data for series maintained by Catherine Liu ().