Financial liberalization and banking efficiency: evidence from Turkey
Cevdet Denizer (),
Mustafa Dinc () and
Journal of Productivity Analysis, 2007, vol. 27, issue 3, 177-195
This paper examines the banking efficiency in a pre- and post-liberalization environment by drawing on the Turkish experience by using DEA. The paper also investigates the scale effect on efficiency. Our findings suggest that liberalization programs were followed by an observable decline in efficiency. Another finding of the study is that the Turkish banking system had a serious scale problem during the study period. The second part of our analysis relied on econometric methods and found that one major reason for such system-wide efficiency decline has been the growing macroeconomic instability of the Turkish economy in general and financial sector in particular. Copyright Springer Science+Business Media, LLC 2007
Keywords: Banking; Efficiency; Liberalization; Data envelopment analysis; C14; C61; G21; G28 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (32) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kap:jproda:v:27:y:2007:i:3:p:177-195
Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/11123/PS2
Access Statistics for this article
Journal of Productivity Analysis is currently edited by William Greene, Chris O'Donnell and Victor Podinovski
More articles in Journal of Productivity Analysis from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().