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On the determinants of banking efficiency in four new European Union Member States: the impact of structural reforms

Author

Listed:
  • Mamatzakis, Emmanuel
  • Koutsomanoli-Filippaki, Anastasia
  • Staikuras, Christos
Abstract
We employ the stochastic frontier methodology and estimate alternative profit efficiency in the banking industry of four new European Union Member States, namely the Czech Republic, Hungary, Poland and the Slovak Republic, over the period 1999-2003. Our results show that structural reforms in the banking industry improve performance in terms of higher efficiency, whereas the institutional development of the non-bank financial sector hinders banks’ profit efficiency.

Suggested Citation

  • Mamatzakis, Emmanuel & Koutsomanoli-Filippaki, Anastasia & Staikuras, Christos, 2010. "On the determinants of banking efficiency in four new European Union Member States: the impact of structural reforms," MPRA Paper 24634, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:24634
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    File URL: https://mpra.ub.uni-muenchen.de/24634/1/MPRA_paper_24634.pdf
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    References listed on IDEAS

    as
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    2. Bernardo Maggi & Stefania P. S. Rossi, 2003. "An efficiency analysis of banking systems: a comparison of European and United States large commercial banks using different functional forms," Vienna Economics Papers 0306, University of Vienna, Department of Economics.
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    More about this item

    Keywords

    structural reforms; alternative profit inefficiency; new EU countries;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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