Investigating bank efficiency in transition economies: a window-based weight assurance region approach
Investigating bank efficiency in transition economies: a window-based weight assurance region approach
This paper examines the efficiency of 116 banks for nine new EU members in Central and Eastern European (CEE) countries over the period 2004–2015. We employ the weight assurance region (WAR) and we treat deposits as an intermediate variable in a two-stage data-envelopment analysis model. We then expand the WAR model by including a window-based approach to take into account the patterns of efficiency over time. The results indicate a low level of efficiency over the entire period of analysis, especially for Eastern European and Balkan countries rather than Central European countries. Overall, we find that inefficiency in CEE countries is mainly driven by the profitability stage rather than the value added activity stage.
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Degl'innocenti, Marta
e33b2a74-a534-44a2-ab66-819b156564c3
Kourtzidis, Stavros A.
395e35be-a8b9-4295-b025-10b91635dd09
Sevic, Zeljko
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Tzeremes, Nickolaos G.
060d2a05-b6e2-4a3e-aa61-fb0487147f3f
Degl'innocenti, Marta
e33b2a74-a534-44a2-ab66-819b156564c3
Kourtzidis, Stavros A.
395e35be-a8b9-4295-b025-10b91635dd09
Sevic, Zeljko
e48a7815-5737-477f-bd3b-61ce48934914
Tzeremes, Nickolaos G.
060d2a05-b6e2-4a3e-aa61-fb0487147f3f
Degl'innocenti, Marta, Kourtzidis, Stavros A., Sevic, Zeljko and Tzeremes, Nickolaos G.
(2016)
Investigating bank efficiency in transition economies: a window-based weight assurance region approach.
Economic Modelling, .
(doi:10.1016/j.econmod.2016.08.015).
Abstract
This paper examines the efficiency of 116 banks for nine new EU members in Central and Eastern European (CEE) countries over the period 2004–2015. We employ the weight assurance region (WAR) and we treat deposits as an intermediate variable in a two-stage data-envelopment analysis model. We then expand the WAR model by including a window-based approach to take into account the patterns of efficiency over time. The results indicate a low level of efficiency over the entire period of analysis, especially for Eastern European and Balkan countries rather than Central European countries. Overall, we find that inefficiency in CEE countries is mainly driven by the profitability stage rather than the value added activity stage.
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Accepted/In Press date: 13 August 2016
e-pub ahead of print date: 13 September 2016
Organisations:
Southampton Business School
Identifiers
Local EPrints ID: 401965
URI: http://eprints.soton.ac.uk/id/eprint/401965
ISSN: 0264-9993
PURE UUID: e81841c4-2bee-4f3a-997a-47fb94a02eb3
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Date deposited: 26 Oct 2016 09:32
Last modified: 15 Mar 2024 03:02
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Author:
Marta Degl'innocenti
Author:
Stavros A. Kourtzidis
Author:
Zeljko Sevic
Author:
Nickolaos G. Tzeremes
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