Author
Kösedağ, A., Denizel, Meltem, Özdemir, Ö.
Publication Date
2011
Publication Place
-
Taylor & Francis
Subject
Banking industry, Non-parametric tests, Bank efficiency, International/global issues, Empirical research methods, Data envelopment analysis
Type
Periodical
Language
English
Digital
Yes
Manuscript
No
Library
Özyeğin University
Library Asset ID
0264-2069
Record ID
d48fb7b3-3c53-49e2-9a86-bcdd780dd716
Library Location
Industrial Engineering
Date
2011
Notes
Due to copyright restrictions, the access to the full text of this article is only available via subscription.
Sample Text
This paper empirically investigates a possible convergence among the operational efficiency of financial institutions across countries. We explore (i) the relative performance of banking industries in two samples (European and global) over time, and (ii) whether banking industries are likely to attain the same level of efficiency in the long run as implied by international financial integration. We find that convergence in bank efficiency is incomplete and limited to European banking industries. Differing level of bank efficiencies across the globe may offer opportunities for international investors who would like to capitalize on such market imperfections. Our findings also have implications for policy makers who are concerned with the full integration and the stability of the global financial system.
DOI
10.1080/02642060903580565
Cilt
31
