IDEAS home Printed from
   My bibliography  Save this article

Total Factor Productivity Change in Turkish Banking Sector During The Crisis Periods


  • Ferda Keskin Onen

    (Milli Egitim Bakanligi,Diyarbakır, Turkiye)

  • Mehmet Hasan Eken

    (Kirklareli Universitesi,Uygulamali Bilimler Yuksekokulu, Kirklareli, Turkiye)

  • Suleyman Kale

    (Kirklareli Universitesi,Uygulamalı Bilimler Yuksekokulu, Kirklareli, Turkiye)


The precondition of the increase in the efficiency of the banks depends on their ability to compete. Through the banking sector with high competitive power, economic dynamism is promoted, and economic stability is ensured. The alteration in macroeconomic conditions affects the performance of the banking sector and financial stability. This study was used the malmquist productivity index to analyze the efficiency of 19 commercial banks operating in Turkey during the period of 1990 - 2012 for intermediation and profit approach. Banks have experienced productivity loss according to both approaches in times of crisis. The efficiency of intermediation function in the banking sector have increased owing to the regulations made ​​under the restructuring program of the Turkish banking sector and the disinflation process. The regression analysis results reveals that the impact of credit / deposit ratio, ROA, ROE and inflation rate is positive on bank’s total factor productivity. As ROE increases, banks' total factor productivity has decreased under the intermediation approach. Increase in GDP has led to increase in bank’s technical efficiency for intermediation and profit approach. Key Words: Malmquist Index, Efficiency, Crisis, Regression Analysis

Suggested Citation

  • Ferda Keskin Onen & Mehmet Hasan Eken & Suleyman Kale, 2016. "Total Factor Productivity Change in Turkish Banking Sector During The Crisis Periods," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 5(5), pages 01-18, Special I.
  • Handle: RePEc:rbs:ijbrss:v:5:y:2016:i:5:p:01-18

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbs:ijbrss:v:5:y:2016:i:5:p:01-18. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Umit Hacioglu). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.