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Efficience et prise de risque dans les banques en France

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  • Michel Dietsch
  • Claude Jessua

Abstract

[fre] Cet article présente des estimations des inefficiences-X et des inefficiences d'échelle dans les banques et caisses d'épargne en France durant la période 1988-1992. Utilisant la méthode d'estimation « à distribution libre », on montre que l'efficience-X moyenne est de l'ordre de 70 à 80 %. Les résultats montrent aussi l'existence d'économies d'échelle dans l'industrie bancaire française. Ces résultats sont en conformité avec l'hypothèse de surcapacité dans l'industrie ban­caire en France. Enfin, une relation positive est démontrée entre inefficiences-X et prise de risque. [eng] The paper presents estimates of X-Efficiencies and Scale-Efficiencies in the French banking industry for the 1988-1992 period. By using the « distribution free » method of efficiency estimation, we show that average X-efficiencies are in the range of 70 % to 80 %. These results show also the existence of scale econo­mies in French banking industry. These results are also in conformity with the hypothesis that some excess capacity could exist in French banking industry. Finally, a positive relationship between cost-inefficiency and risk-taking is verified.

Suggested Citation

  • Michel Dietsch & Claude Jessua, 1996. "Efficience et prise de risque dans les banques en France," Revue Économique, Programme National Persée, vol. 47(3), pages 745-754.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1996_num_47_3_409812
    DOI: 10.3406/reco.1996.409812
    Note: DOI:10.3406/reco.1996.409812
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    References listed on IDEAS

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    1. Berger, Allen N. & Humphrey, David B., 1991. "The dominance of inefficiencies over scale and product mix economies in banking," Journal of Monetary Economics, Elsevier, vol. 28(1), pages 117-148, August.
    2. Berger, Allen N. & Hancock, Diana & Humphrey, David B., 1993. "Bank efficiency derived from the profit function," Journal of Banking & Finance, Elsevier, vol. 17(2-3), pages 317-347, April.
    3. Ferrier, Gary D. & Lovell, C. A. Knox, 1990. "Measuring cost efficiency in banking : Econometric and linear programming evidence," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 229-245.
    4. Fried, Harold O. & Lovell, C. A. Knox & Schmidt, Shelton S. (ed.), 1993. "The Measurement of Productive Efficiency: Techniques and Applications," OUP Catalogue, Oxford University Press, number 9780195072181, Decembrie.
    5. Schmidt, Peter & Sickles, Robin C, 1984. "Production Frontiers and Panel Data," Journal of Business & Economic Statistics, American Statistical Association, vol. 2(4), pages 367-374, October.
    6. Michel Dietsch, 1993. "Economies of scale and scope in French commercial banking industry," Journal of Productivity Analysis, Springer, vol. 4(1), pages 35-50, June.
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    Cited by:

    1. Kassem, Mohammad & EL-Moussaw, Chawki i & Awdeh, Ali, 2014. "Measuring the Cost Efficiency of Banks Operating in the MENA Region," MPRA Paper 119125, University Library of Munich, Germany.
    2. Joël Petey, 2004. "Les déterminants du risque d'insolvabilité dans l'industrie bancaire.. Une approche en termes de frontière de production," Recherches économiques de Louvain, De Boeck Université, vol. 70(4), pages 401-424.
    3. Jimborean, Ramona & Brack, Estelle, 2010. "The cost-efficiency of French banks," MPRA Paper 23471, University Library of Munich, Germany.
    4. Michel Aglietta & Laurence Scialom, 1998. "Vers une nouvelle doctrine prudentielle," Revue d'Économie Financière, Programme National Persée, vol. 48(4), pages 47-73.
    5. Ali Hadizatou, 2017. "Refinancing and Efficiency of Microfinance Institutions in Niger," Working Papers 337, African Economic Research Consortium, Research Department.
    6. Thierry Chauveau & Jézabel Couppey, 1999. "Les banques françaises de réseaux n'ont pas de problèmes majeurs d'inefficacité productive : une application de la technique d'enveloppement des données (DEA)," Post-Print halshs-03674624, HAL.
    7. Awdeh Ali & El Moussawi Chawki, 2009. "Bank Efficiency and Foreign Ownership in the Lebanese Banking Sector," Review of Middle East Economics and Finance, De Gruyter, vol. 5(2), pages 66-87, September.
    8. Catherine Refait, 2005. "Soutien financier ou mise en faillite de l'entreprise? Comprendre la décision de la banque," Revue Finance Contrôle Stratégie, revues.org, vol. 8(1), pages 131-157, March.
    9. Raoudha Bejaoui & Houssam Bouzgarrou, 2012. "Cost Efficiency of French Commerical Banks: Domestic Versus Foreign Banks," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 6(4), pages 101-112.
    10. Thierry Chauveau & Jézabel Couppey, 1999. "Les banques françaises de réseaux n'ont pas de problèmes majeurs d'inefficacité productive : une application de la technique d'enveloppement des données (DEA)," Cahiers de la Maison des Sciences Economiques bla99092, Université Panthéon-Sorbonne (Paris 1).
    11. Thierry Chauveau & Jézabel Couppey, 1999. "Les banques françaises de réseaux n'ont pas de problèmes majeurs d'inefficacité productive : une application de la technique d'enveloppement des données (DEA)," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03674624, HAL.

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