Determinants of Operational Efficiency and Total Factor Productivity Change of Major Cambodian Financial Institutions: A Data Envelopment Analysis During 2006–13

Hidenobu Okuda; Daiju Aiba

doi:10.1080/1540496X.2015.1105630

Determinants of Operational Efficiency and Total Factor Productivity Change of Major Cambodian Financial Institutions: A Data Envelopment Analysis During 2006–13

Hidenobu Okuda^*, Daiju Aiba

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

7 Citations (Scopus)

Abstract

ABSTRACT: We examine the determinants of efficiency and the total factor productivity (TFP) change of major financial institutions in Cambodia using data envelopment analysis (DEA). We apply two-stage bootstrapping estimation method to a panel data of twenty-seven financial institutions in the period of 2006–13. The empirical results reveal that the size and ownership structure of financial institutions are significantly correlated with the efficiency and TFP growth of banks. The efficiency of domestic institutions is found to be better than that of their foreign counterpart, and there is no significant difference in TFP growth between domestic and foreign institutions.

Original language	English
Pages (from-to)	1455-1471
Number of pages	17
Journal	Emerging Markets Finance and Trade
Volume	52
Issue number	6
DOIs	https://doi.org/10.1080/1540496X.2015.1105630
Publication status	Published - 2016 Jun 2
Externally published	Yes

Keywords

bootstrapping analysis
Cambodian financial institutions
DEA
operational efficiency
TFP change

ASJC Scopus subject areas

Finance
Economics, Econometrics and Finance(all)

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10.1080/1540496X.2015.1105630

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abstract = "ABSTRACT: We examine the determinants of efficiency and the total factor productivity (TFP) change of major financial institutions in Cambodia using data envelopment analysis (DEA). We apply two-stage bootstrapping estimation method to a panel data of twenty-seven financial institutions in the period of 2006–13. The empirical results reveal that the size and ownership structure of financial institutions are significantly correlated with the efficiency and TFP growth of banks. The efficiency of domestic institutions is found to be better than that of their foreign counterpart, and there is no significant difference in TFP growth between domestic and foreign institutions.",

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author = "Hidenobu Okuda and Daiju Aiba",

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T1 - Determinants of Operational Efficiency and Total Factor Productivity Change of Major Cambodian Financial Institutions

T2 - A Data Envelopment Analysis During 2006–13

AU - Okuda, Hidenobu

AU - Aiba, Daiju

PY - 2016/6/2

Y1 - 2016/6/2

N2 - ABSTRACT: We examine the determinants of efficiency and the total factor productivity (TFP) change of major financial institutions in Cambodia using data envelopment analysis (DEA). We apply two-stage bootstrapping estimation method to a panel data of twenty-seven financial institutions in the period of 2006–13. The empirical results reveal that the size and ownership structure of financial institutions are significantly correlated with the efficiency and TFP growth of banks. The efficiency of domestic institutions is found to be better than that of their foreign counterpart, and there is no significant difference in TFP growth between domestic and foreign institutions.

AB - ABSTRACT: We examine the determinants of efficiency and the total factor productivity (TFP) change of major financial institutions in Cambodia using data envelopment analysis (DEA). We apply two-stage bootstrapping estimation method to a panel data of twenty-seven financial institutions in the period of 2006–13. The empirical results reveal that the size and ownership structure of financial institutions are significantly correlated with the efficiency and TFP growth of banks. The efficiency of domestic institutions is found to be better than that of their foreign counterpart, and there is no significant difference in TFP growth between domestic and foreign institutions.

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KW - Cambodian financial institutions

KW - DEA

KW - operational efficiency

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Determinants of Operational Efficiency and Total Factor Productivity Change of Major Cambodian Financial Institutions: A Data Envelopment Analysis During 2006–13

Abstract

Keywords

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