LotusDomino.com - The BEST links for IBM Lotus Domino and Notes (Workplace, Websphere Portal, Quickplace, Sametime)

Efficiency of Banks: Recent Evidence from the Transition Economics of Europe - 1993-2000

YILDIRIM, Huseyin Semih and Philippatos, George C., "Efficiency of Banks: Recent Evidence from the Transition Economics of Europe - 1993-2000" (April 2002). EFMA 2002 London Meetings. Available at SSRN:


    This study examines the cost and profit efficiency of banking sectors in twelve transition economies of Central and Eastern Europe (CEE) over the period 1993-2000, using the stochastic frontier approach (SFA) and the distribution free approach (DFA). The paper follows a two-step approach: First, the efficiency estimates are obtained by employing a multi-product translog cost function. Then these estimates are regressed on a set of determinants. The managerial inefficiencies in CEE banking markets were found to be significant, with average cost efficiency level for 12 countries 72 and 76 percent by DFA and SFA. The alternative profit efficiency levels are found to be significantly lower relative to cost efficiency. According to SFA, approximately one-third of banks' profits are lost to inefficiency, and almost one-half according to the DFA. The higher efficiency levels are associated with larger size, higher profitability and equity. The level of competition and GDP growth are found to increase efficiency while market concentration is negatively linked to efficiency. Finally, foreign banks are found to be more cost efficient but less profit efficient relative to domestically owned private banks and state-owned banks.
Go to article

Click here to see more on this topic.

Previous visitors have searched for information on how to use lotus notes, lotus notes palm sync and download lotus notes. We do collect this information to update our site to your needs.

Lotus Notes is used by more than 100.000 people world wide. Other e-mail clients are: Lotus Notes , Skweezer Mail and Pine and other personal information manager software are: PersonalBrain (Windows) , Microsoft Entourage (Mac OS X) and Novell Evolution .

Products or trademarks named are used for reference, without any implied endorsement by their holders and
without intent to infringe. Disclaimer. Copyright 2005 - feedback hulsman @t h0tmail