Aiello, Francesco and Bonanno, Graziella (2014): On the Sources of Heterogeneity in Banking Efficiency Literature.
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Abstract
This study reviews the empirical literature on banking efficiency by conducting a metaregression analysis. The metadataset consists of 1,661 observations retrieved from 120 papers published over the period 20002014. While the role of studydesign and methodspeciﬁc characteristics of primary studies is evaluated, a focus concerns regulation in banking. Results are fourfold. Firstly, parametric methods always yield lower levels of banking efficiency than nonparametric studies. Secondly, banking efficiency is high in studies using the value added approach instead of the intermediation method. Thirdly, efficiency scores also depend on the ranking journals and on the number of observations and variables used in the primary papers. Finally regulation matters: primary papers focusing on countries with a liberalized banking industry provide high values of efficiency scores.
Item Type:  MPRA Paper 

Original Title:  On the Sources of Heterogeneity in Banking Efficiency Literature 
Language:  English 
Keywords:  Banking, Frontier Models, Efficiency, Metaanalysis, Regulation, Study design 
Subjects:  C  Mathematical and Quantitative Methods > C1  Econometric and Statistical Methods and Methodology: General > C13  Estimation: General C  Mathematical and Quantitative Methods > C1  Econometric and Statistical Methods and Methodology: General > C14  Semiparametric and Nonparametric Methods: General C  Mathematical and Quantitative Methods > C8  Data Collection and Data Estimation Methodology ; Computer Programs > C80  General D  Microeconomics > D2  Production and Organizations > D23  Organizational Behavior ; Transaction Costs ; Property Rights G  Financial Economics > G2  Financial Institutions and Services > G21  Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages G  Financial Economics > G2  Financial Institutions and Services > G28  Government Policy and Regulation K  Law and Economics > K2  Regulation and Business Law > K20  General L  Industrial Organization > L2  Firm Objectives, Organization, and Behavior > L25  Firm Performance: Size, Diversification, and Scope 
Item ID:  68306 
Depositing User:  Aiello Francesco 
Date Deposited:  10 Dec 2015 12:13 
Last Modified:  11 Aug 2024 21:50 
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URI:  https://mpra.ub.unimuenchen.de/id/eprint/68306 
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On the Sources of Heterogeneity in Banking Efficiency Literature. (deposited 17 Sep 2014 04:41)
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 On the Sources of Heterogeneity in Banking Efficiency Literature. (deposited 10 Dec 2015 07:04)