Artikel

The Baltic banking system in the enlarged European Union: The effect of the financial crisis on efficiency

The main objective of this study is to analyse the evolution of banking efficiency in the Baltic countries after their accession to the EU and during the financial crisis, and to check whether there are significant differences between these countries as a consequence of their particular characteristics. To that end, we have estimated the evolution of cost and profit efficiency in the Baltic countries in the context of the enlarged EU during the period 2000-2013 using Bayesian stochastic frontier models. Our results show the greater robustness of Estonian banking in terms of profits during the financial crisis in comparison to their neighbours. Additionally, Baltic banking has recovered its profit efficiencies very quickly after the financial crisis. However, cost efficiency is still at low levels in line with the other European countries.

Sprache
Englisch

Erschienen in
Journal: Baltic Journal of Economics ; ISSN: 2334-4385 ; Volume: 18 ; Year: 2018 ; Issue: 1 ; Pages: 1-24 ; London: Taylor & Francis

Klassifikation
Wirtschaft
Information and Market Efficiency; Event Studies; Insider Trading
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Thema
Banking efficiency
economic crisis
stochastic frontier models
Bayesian inference

Ereignis
Geistige Schöpfung
(wer)
Gallizo Larraz, José L.
Moreno, Jordi
Salvador, Manuel
Ereignis
Veröffentlichung
(wer)
Taylor & Francis
(wo)
London
(wann)
2018

DOI
doi:10.1080/1406099X.2017.1376430
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Gallizo Larraz, José L.
  • Moreno, Jordi
  • Salvador, Manuel
  • Taylor & Francis

Entstanden

  • 2018

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