Post-crisis cost efficiency of Jamaican banks

Daley, Jenifer, Matthews, Kent ORCID: https://orcid.org/0000-0001-6968-3098 and Zhang, Tiantian 2011. Post-crisis cost efficiency of Jamaican banks. [Working Paper]. Cardiff Economics Working Papers, Cardiff: Cardiff University.

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Abstract

Deregulation, re-regulation and continuing globalisation embody an imperative that banks increase efficiency in order to survive. We employ the Simar-Wilson (2007) two-step double bootstrap Data Envelopment Analysis method to measure whether cost efficiency among Jamaican banks has improved between 1999 and 2009 following a number of post-crisis responses aimed at strengthening and improving the sector. Efficiency is extracted from a meta-frontier construction for the full sample period. In addition we conduct tests for unconditional beta- and sigma-convergence and overall, the results suggest that there has been a tendency towards improvement in bank efficiency levels for the industry as a whole but there is also evidence that foreign banks show a higher trend improvement in efficiency.

Item Type:	Monograph (Working Paper)
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > HB Economic Theory
Publisher:	Cardiff University
Date of First Compliant Deposit:	30 March 2016
Last Modified:	28 Oct 2022 10:20
URI:	https://orca.cardiff.ac.uk/id/eprint/77921

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