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Structural reforms and banking efficiency in the new EU States

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Author Info
Koutsomanoli-Filippaki, Anastasia
Mamatzakis, Emmanuel
Staikouras, Christos

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Abstract

This paper opts for the stochastic frontier methodology to investigate the impact of structural reforms on profit efficiency in the banking industry of four new European Union Member States over the period 1999-2003. Our findings suggest that reforms in the banking market are of vital importance for profitability, as they assert a positive impact on profit efficiency, whereas reforms in the non-bank financial sector appear to hinder profit efficiency.

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File URL: http://www.sciencedirect.com/science/article/B6V82-4S4TNSV-1/2/a52318fdbf59461a4909d2b7039f4a1f
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Publisher Info
Article provided by Elsevier in its journal Journal of Policy Modeling.

Volume (Year): 31 (2009)
Issue (Month): 1 ()
Pages: 17-21
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Handle: RePEc:eee:jpolmo:v:31:y:2009:i:1:p:17-21

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Web page: http://www.elsevier.com/locate/inca/505735

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Related research
Keywords: Structural reforms Alternative profit inefficiency New EU countries;

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This page was last updated on 2009-12-30.

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