Measuring Banking Efficiency in the Pre- and Post-Liberalization Environment : Evidence from the Turkish Banking System

Denizer, Cevdet A. ; Dinc, Mustafa ; Tarimcilar, Murat

World Bank, Washington, DC

关键词: AVERAGE PRODUCTIVITY;    BANK PERFORMANCE;    BANK REGULATION;    BANKING INDUSTRY;    BANKING SECTOR;   

DOI  :  10.1596/1813-9450-2476
RP-ID  :  WPS2476

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The authors examine banking efficiencybefore and after liberalization, drawing on Turkey'sexperience. They also investigate the scale effect onefficiency by type of ownership. Their findings suggest thatliberalization programs were followed by an observabledecline in efficiency, not an improvement. During the studyperiod Turkish banks did not operate at the optimum scale.Another unexpected result was that efficiency was nodifferent between state-owned and privately owned banks.Banks that were privately owned or foreign owned had beenexpected to respond better to liberalization, because theywere smaller and more dynamically structured, but they wereno more efficient than state-owned banks. One reason for thesystemwide decline in efficiency might have been the generalincrease in macroeconomic instability during the period studied.