Productivity and efficiency analysis of Shinkin banks: evidence from bootstrap and Bayesian approaches

Assaf, A George, Barros, Carlos P and Matousek, Roman (2011) Productivity and efficiency analysis of Shinkin banks: evidence from bootstrap and Bayesian approaches. Journal of Banking & Finance, 35 (2). pp. 331-342. ISSN 0378-4266

Full text not available from this repository.

Abstract

This paper analyzes the productivity and efficiency of Shinkin banks and the various prefectures in Japan, over the period from 2000 to 2006. We obtain estimates of efficiency growth and productivity growth, using the bootstrapped Malmquist index, and estimates of efficiency using the Bayesian distance frontier approach. We confirm that the efficiency growth and productivity growth of Shinkin banks did not improve significantly over the period of this study. In addition, we show that the efficiency of Shinkin banks is homogenous, with little variation across the banks analyzed. Methodologically, we also prove that a failure to impose theoretical regularity on the distance function could lead to false conclusions about the average efficiency or efficiency ranking of Shinkin banks. The study also includes an analysis of the correlates of productivity and efficiency growth, and provides efficiency and productivity estimates of the prefectures in which the banks are located.

Item Type: Article
Keywords: Japan; Shinkin banks; Bootstrapped Malmquist index; Bayesian distance function
Schools and Departments: School of Business, Management and Economics > Business and Management
Subjects: H Social Sciences > HG Finance > HG4001 Finance management. Business finance. Corporation finance
Depositing User: Roman Matousek
Date Deposited: 20 Sep 2012 11:02
Last Modified: 18 Dec 2012 17:30
URI: http://sro.sussex.ac.uk/id/eprint/40751
📧 Request an update