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Efficiency of Turkish banking: Two-stage network system. Variable returns to scale model

Fukuyama, Hirofumi, Matousek, Roman (2011) Efficiency of Turkish banking: Two-stage network system. Variable returns to scale model. Journal of International Financial Markets, Institutions and Money, 21 (1). pp. 75-91. ISSN 1042-4431. (doi:10.1016/j.intfin.2010.08.004) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

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Official URL
http://dx.doi.org/10.1016/j.intfin.2010.08.004

Abstract

This study curries out a systematic analysis of the cost, technical and allocative efficiency of the Turkish banking system from 1991 to 2007, under the assumption of variable returns to scale. This unique dataset allows to analyse changes in bank efficiency before and after the financial crises. The applied estimation approach is based on a two-stage network model introduced by Fukuyama and Weber (2010), where in the first stage of production, banks use inputs to produce an intermediate output (deposits) that becomes an input to a second stage where final outputs are produced. We have found several interesting results. Our results show that bank efficiency reflected the state of the Turkish economy before and after crises in 1993-1994 and 2000-2001. Furthermore, there persists a gap between the best and worst performing banks. We could not confirm the hypothesis that foreign banks have higher efficiency scores as we saw in new EU countries. © 2010.

Item Type: Article
DOI/Identification number: 10.1016/j.intfin.2010.08.004
Additional information: Unmapped bibliographic data: AD - Faculty of Commerce, Fukuoka University, 8-19-1 Nanakuma, Jonan-Ku, Fukuoka 814-0180, Japan [Field not mapped to EPrints] AD - Centre for EMEA Banking, Finance and Economics, London Metropolitan Business School, London Metropolitan University, 84 Moorgate, London EC2M 6SQ, United Kingdom [Field not mapped to EPrints] JA - J. Int. Financ. Mark. Inst. Money [Field not mapped to EPrints]
Uncontrolled keywords: Banks, Correlates, Efficiency, Turkey, Two-stage DEA
Subjects: H Social Sciences > HG Finance
Divisions: Faculties > Social Sciences > Kent Business School > Accounting and Finance
Depositing User: Tracey Pemble
Date Deposited: 08 Apr 2014 15:02 UTC
Last Modified: 29 May 2019 12:04 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/39095 (The current URI for this page, for reference purposes)
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