The effects of sector reforms on the productivity of Greek banks: a step-by-step analysis of the pre-Euro era

Panagiotis Tziogkidis (), Kent Matthews and Dionisis Philippas

Annals of Operations Research, 2018, vol. 266, issue 1, No 21, 549 pages

Abstract: Abstract The paper analyses the effects on the productivity of Greek commercial banks of sector regulatory reforms in the pre-Euro era, using the Global Malmquist Index. In a bootstrap Data Envelopment Analysis framework, we propose an alternative to smoothing that utilises the Pearson system random number generator, offering greater flexibility in the choice of the fitting distribution. In the context of a step-by-step approach, we demonstrate the contribution of deregulatory commercial freedoms to greater productivity and the negative effect of prudential controls. Our findings offer insights into the current state of the Greek banking sector, suggesting that the imposition of additional prudential controls may have a detrimental impact on the productivity of Greek banks, given the adverse business conditions.

Keywords: Bank productivity; Bank regulation; Global Malmquist Index; Moments bootstrap DEA (search for similar items in EconPapers)
JEL-codes: C14 G21 G28 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://link.springer.com/10.1007/s10479-016-2381-3 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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: https://EconPapers.repec.org/RePEc:spr:annopr:v:266:y:2018:i:1:d:10.1007_s10479-016-2381-3

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10479

DOI: 10.1007/s10479-016-2381-3

Access Statistics for this article

Annals of Operations Research is currently edited by Endre Boros

More articles in Annals of Operations Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().