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Effects of Financial Capital on Colombian Banking Efficiency Author info | Abstract | Publisher info | Download info | Related research | Statistics Dairo Estrada ()
Poldy Osorio ()
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In this paper we discuss cost and profit efficiency for a sample of financial institutions on the Colombian financial market in the period 1989-2003, using stochastic frontier efficiency analysis. During the period, the cost efficient frontier deteriorates, but profit efficient frontier is relatively stable. We found significant difference when we compare the efficiency scores between types of financial intermediaries. Additionally, our analysis show that the scores for profit and cost efficiency have different distribution. We found big differences between profit and cost efficiency among the different type banks. This is evidence in favor of some banks behaving collusively and capturing oligopoly rents.
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Paper provided by Banco de la Republica de Colombia in its series Borradores de Economia with number
291.
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Keywords: Finanzas públicas ; Inflación ; Impuesto inflacionario ; Señoreaje. ; Other versions of this item:
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Carlos Andrés Amaya G., 2005.
"Interest Rate Setting And The Colombian Monetary Transmission Mechanism ,"
BORRADORES DE ECONOMIA
002910, BANCO DE LA REPÚBLICA.
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Dairo Estrada & Angela González Arbeláez & Javier Gutierréz Rueda, 2008.
"The Effects of Diversification on Banks’ Expected Returns ,"
BORRADORES DE ECONOMIA
004991, BANCO DE LA REPÚBLICA.
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