ODHAD FAKTORU OVLIVŇUJÍCÍCH EFEKTIVNOST BANK V NOVÝCH ČLENSKÝCH STÁTECH PřED JEJICH VSTUPEM DO EVROPSKÉ UNIE

• Authors: Stavárek Daniel

Title variants

EN

Estimation of factors influencing efficiency of banks in new member states before joining the European Union

• Languages of publication: CS

Abstracts

EN

The paper incorporates censored tobit regression analysis to detect whether the changes in banking efficiency in Visegrad countries should be explained by country specific environmental factors or the internal variables. The results suggest that the level of efficiency may be explained mainly by banking specific characteristics. The country's environmental factors are likely to be statistically insignificant. Consequently, the paper sheds some light on the issue of the optimal architecture of a banking system. If combined together, the positive effects of capitalization, market concentration and foreign ownership on efficiency indicators suggest that banking sectors with few large, well capitalized banks owned by strategic foreign owner are supposed to generate better efficiency and higher rates of intermediation.

Keywords

EN

BANKING INTERMEDIATION; INDICATORS; TOBIT MODEL

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2005
• Volume: 53
• Issue: 6
• Pages: 593-610
• Document type: ARTICLE

Contributors

author

Stavárek Daniel

• D. Stavarek, Ústav slovenskej a svetovej ekonomiky SAV, Sancová 56, 811 05 Bratislava 1, Slovak Republic

Identifiers

CEJSH db identifier

06SKAAAA00992279