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Measurement of Efficiency in Greek Banking Industries in The Light of the Financial Crisis

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  • Georgios D. Papagiannis

Abstract

The main purpose of the present paper is to investigate the impact of the global financial crisis on the efficiency of Greek banks during the period 2008-2010. The DEA model is applied according to input oriented approach in order to measure the technical and the scale efficiency scores of 20 Greek banks. Generally, the results indicate that the global financial crisis did not affect adversely the efficiency of Greek banks during the examined period. The findings suggest a slight increase in technical and scale efficiency scores in 2009 and a decline in technical and scale efficiency scores in 2010.

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  • Georgios D. Papagiannis, 2014. "Measurement of Efficiency in Greek Banking Industries in The Light of the Financial Crisis," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 19-38.
    • Handle: RePEc:ers:journl:v:xvii:y:2014:i:1:p:19-38
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    References listed on IDEAS

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    1. Anthony N. Rezitis, 2006. "Productivity Growth in the Greek Banking Industry: A Non-Parametric Approach," Journal of Applied Economics, Taylor & Francis Journals, vol. 9(1), pages 119-138, May.
    2. Chrysovalantis Gaganis & Fotios Pasiouras, 2009. "Efficiency in the Greek Banking Industry: A Comparison of Foreign and Domestic Banks," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 16(2), pages 221-237.
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    4. Robert Webb, 2003. "Levels of efficiency in UK retail banks: a DEA window analysis," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 10(3), pages 305-322.
    5. Christopoulos, Dimitris K & Tsionas, Efthymios G, 2001. "Banking Economic Efficiency in the Deregulation Period: Results from Heteroscedastic Stochastic Frontier Models," Manchester School, University of Manchester, vol. 69(6), pages 656-676, December.
    6. Haider Alzubaidi & Spiros Bougheas, 2012. "The Impact of the Global Financial Crisis on European Banking Efficiency," Discussion Papers 12/05, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    7. Dimitris K. Christopoulos & Efthymios G. Tsionas, 2001. "Banking Economic Efficiency In The Deregulation Period: Results From Heteroscedastic Stochastic Frontier Models," Manchester School, University of Manchester, vol. 69(6), pages 656-676, December.
    8. Konstantinos Liapis & Antonios Rovolis & Christos Galanos & Eleftherios Thalassinos, 2013. "The Clusters of Economic Similarities between EU Countries: A View Under Recent Financial and Debt Crisis," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 41-66.
    9. Tsionas, Efthymios G. & Lolos, Sarantis E. G. & Christopoulos, Dimitris K., 2003. "The performance of the Greek banking system in view of the EMU: results from a non-parametric approach," Economic Modelling, Elsevier, vol. 20(3), pages 571-592, May.
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    Cited by:

    1. Kristina Bojare & Inna Romanova, 2017. "The Factors Affecting the Profitability of Banks: The Case of Latvia," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 905-919.
    2. repec:ers:journl:v:v:y:2017:i:4:p:78-95 is not listed on IDEAS
    3. Pontus Mattsson & Jonas Månsson & William H. Greene, 2020. "TFP change and its components for Swedish manufacturing firms during the 2008–2009 financial crisis," Journal of Productivity Analysis, Springer, vol. 53(1), pages 79-93, February.
    4. K. Bojare & I. Romanova, 2017. "The Factors Affecting the Profitability of Banks: The Case of Latvia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 78-95.
    5. Zulfi Diane Zaini, 2017. "The Function of Financial Services Authority (FSA) in Dispute Settlement Banking Customers in Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 69-81.
    6. Pontus Mattsson & Jonas Mansson & William H. Greene, 2018. "TFP Change and its Components for Swedish Manufacturing Firms During the 2008-2009 Financial Crisis," Working Papers 18-27, New York University, Leonard N. Stern School of Business, Department of Economics.

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