Economics at your fingertips  

Financial Sanctions and Iranian Banks' Performance

Sajjad Faraji Dizaji ()
Additional contact information
Sajjad Faraji Dizaji : Department of Economics, Tarbiat Modarres University

Journal of Money and Economy, 2013, vol. 8, issue 4, 99-136

Abstract: In this study, we use Stochastic Frontier analysis approach to estimate cost efficiency, economies of scale, and technological progress among Iranian banks from 1999 to 2012. The results show that there is a marked difference in cost efficiency before and after the recent financial sanctions against Iranian banking industry. Moreover, the results indicate that specialized government-owned banks are less efficient than commercial government owned banks and non-government owned banks after the imposed financial sanctions. Furthermore, we could not find a logical relationship between cost efficiency and Iranian banks' size. Cost reductions attributed to technological progress and economies of scale were greater prior to recent financial sanctions.

Keywords: Cost efficiency; Technological progress; Banking; Sanctions; Iran (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link) (application/pdf) (text/html)

Related works:
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:

Access Statistics for this article

More articles in Journal of Money and Economy from Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran Contact information at EDIRC.
Bibliographic data for series maintained by M. E. ().

Page updated 2021-01-15
Handle: RePEc:mbr:jmonec:v:8:y:2013:i:4:p:99-136