Effects of Financial Capital on Colombian Banking Efficiency

Serie

• Borradores de economía

Resumen

• In this paper we discuss cost and pro-efficiency for a sample of financial institutions on the Colombian financial market in the period 1989-2003, using stochastic frontier efficiency analysis. During the period, the cost-efficient frontier deteriorates, but pro-efficient frontier is relatively stable. We found significant difference when we compare the efficiency scores between types of financial intermediaries. Additionally, our analysis shows that the scores for pro and cost efficiency have different distribution. We found big differences between pro and cost efficiency among the diferent type banks. This is evidence in favor of some banks behaving collusively and capturing oligopoly rents.

autores

• Estrada, Dairo
• Osorio, Poldy

fecha de publicación

• 2004-06

Área temática

• C23 - Modelos uniecuacionales; variables simples: Modelos con datos de panel; Modelos espacio-temporales
• D24 - Producción; Coste; Productividad del capital; Productividad total de los factores; (PTF) Productividad factorial; Capacidad
• G21 - Bancos; Instituciones de depósito; Instituciones Microfinancieras; Hipotecas
• L11 - Producción, fijación de precios y estructura de mercado; Distribución de las empresas por tamaño

Enfoque geográfico

• Colombia  Country
• South America  Continent

Líneas de investigación

• Frontier

Identificador de objeto digital (DOI)

• https://doi.org/10.32468/be.292

Issue

• 2432