| Description |
1 online resource (57 p.) |
| Series |
IMF working paper ; WP/10/95 |
|
IMF working paper ; WP/10/95.
|
| Contents |
Cover Page; Title Page; Copyright Page; Contents; I. Introduction; 1. Market Share of Foreign-Owned Banks; II. Related Literature; III. Bank Efficiency Based on Data Envelopment Analysis; A. Methodology; 2. Technical and Allocative Efficiency; B. Data and Variables; 1. DEA Estimation Results for 2007; C. Results of the DEA Procedure; D. Multi-year Changes in Factor Productivity; 2. Productivity Developments Computed Using Malmquist Indices; E. Pre-/Post-Acquisition Performance; 3. Absolute Productivity of Acquired Banks During Takeover Phase |
|
4. Relative Productivity of Acquired Banks During Takeover PhaseIV. Bank Efficiency Based on Stochastic Frontier Analysis; A. Methodology; B. Data and Variables; C. Tests of Hypotheses; 5. Generalized Likelihood Ratio Tests of Hypotheses; D. Results of the SFA Procedure; 6. SFA Estimation Results for 2007 and for 2002-2007; 3. Distribution of Efficiency Estimates; V. Conclusions; I. Banking Efficiency in Panama Based on DEA; II. Yearly Efficiency Estimates by Country and by Type of Bank; References; Footnotes |
| Summary |
This paper investigates the efficiency of domestic and foreign banks in the Central American region during 2002-07. Using two main empirical approaches, Data Envelopment Analysis and Stochastic Frontier Analysis, the paper finds that foreign banks are not necessarily more efficient than their domestic counterparts. If anything, the regional banks that were acquired by global banks in a wave of acquisitions during 2005-07 can keep up with the local institutions. The efficiency of these acquired banks, however, is shown to have dropped during the acquisition year, recovering only slightly therea |
| Notes |
"April 2010." |
|
At head of title: Monetary and Capital Markets Department |
| Bibliography |
Includes bibliographical references |
| Notes |
English |
| Subject |
Banks and banking -- Central America -- Finance
|
|
Investments, Foreign -- Central America
|
|
Finance -- Central America
|
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Banks and banking -- Finance.
|
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Finance.
|
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Investments, Foreign.
|
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Central America.
|
| Form |
Electronic book
|
| Author |
International Monetary Fund. Monetary and Capital Markets Department.
|
| ISBN |
1462306306 |
|
9781462306305 |
|
1452794448 |
|
9781452794440 |
|
1282845861 |
|
9781282845862 |
|
9786612845864 |
|
6612845864 |
|
1451982720 |
|
9781451982725 |
|
145198281X |
|
9781451982817 |
|
