Cost X-efficiency in China's banking sector Export

@article{citeulike:1587223, abstract = {Employing the stochastic frontier approach, this paper investigates cost X-efficiency in China's banking sector over the period 1985-2002. The objective is to assess whether different ownership types and banking reforms affect X-efficiency. A two-stage regression model is estimated to identify the significant variables influencing X-efficiency. Overall, the results show that banks are operating 40-60\% below the X-efficiency frontier. On average, the joint-stock banks are found to be more X-efficient than the state-owned commercial banks, but individual scores present a far more complex picture. It appears that X-efficiency was higher during the first phase of bank reform. Recent policies aimed at increased privatisation, greater foreign bank participation, and liberalised interest rates should help to improve the cost X-efficiency of China's banks.}, author = {Fu, Xiaoqing and Heffernan, Shelagh}, citeulike-article-id = {1587223}, citeulike-linkout-0 = {http://dx.doi.org/10.1016/j.chieco.2006.10.002}, citeulike-linkout-1 = {http://www.sciencedirect.com/science/article/B6W46-4MK0HSY-1/2/fd8a0d2ca518756e79b4f28c8b133985}, doi = {10.1016/j.chieco.2006.10.002}, journal = {China Economic Review}, keywords = {banking, china}, number = {1}, pages = {35--53}, posted-at = {2007-08-24 04:56:48}, priority = {2}, title = {Cost X-efficiency in China's banking sector}, url = {http://dx.doi.org/10.1016/j.chieco.2006.10.002}, volume = {18}, year = {2007} }

TY - JOUR ID - citeulike:1587223 L3 - citeulike-article-id:1587223 N2 - Employing the stochastic frontier approach, this paper investigates cost X-efficiency in China's banking sector over the period 1985-2002. The objective is to assess whether different ownership types and banking reforms affect X-efficiency. A two-stage regression model is estimated to identify the significant variables influencing X-efficiency. Overall, the results show that banks are operating 40-60% below the X-efficiency frontier. On average, the joint-stock banks are found to be more X-efficient than the state-owned commercial banks, but individual scores present a far more complex picture. It appears that X-efficiency was higher during the first phase of bank reform. Recent policies aimed at increased privatisation, greater foreign bank participation, and liberalised interest rates should help to improve the cost X-efficiency of China's banks. IS - 1 JF - China Economic Review EP - 53 TI - Cost X-efficiency in China's banking sector VL - 18 SP - 35 KW - banking KW - china AU - Fu, Xiaoqing AU - Heffernan, Shelagh PY - 2007/// UR - http://dx.doi.org/10.1016/j.chieco.2006.10.002 ER -