Theoretical and Applied Economics
No. 3 / 2008 (520)
Malmquist Index, an Alternative Technique for Measuring Credit Institutions Productivity
Iustina Alina Boitan
Academia de Studii Economice, Bucuresti
Abstract. The present study tackles the banking system’s productivity in a more complex manner, that integrates multiple input, multiple output variables, abdicating from the reductionist perspective of clasical methods, which imposed limits in the number of variables, in the process of productivity measurement and interpretation. The advantage of Malmquist productivity indexes consists both in a quantitative evaluation of the global productivity of a credit institution over a specified period of time, and in the decomposition of productivity, in order to underline how much of its change is due to the catch-up effect, and, respectively, to the implementation of new technologies. The results obtained revealed that credit institutions placed on the first three places in the banking system, according to assets value, maintained constant their productivity level during the analysed period, meanwhile the other institutions in our sample registered a slowly improvement in productivity, determined, mainly, by technological changes.
Keywords: efficiency score; distance function; Malmquist productivity index; technical efficiency; technological efficiency.
Contents
- Tendencies in the Regional Industry and Specialisation in Romania during the Transition Period
Tudorel Andrei
Liviu Bogdan Vlad
Monica Nedelcu
- The Estimation of the Structural Budgetary Deficit for Romania in the Context of Accession to the Euro Zone
Aura-Gabriela Socol
Bogdan Chiriacescu
- Malmquist Index, an Alternative Technique for Measuring Credit Institutions Productivity
Nicolae Dardac
Iustina Alina Boitan
- Sustainability and Dissipative Systems
Emil Dinga
- Perspectives of Collective Investment Undertakings
Market
Gabriela Anghelache
Cosmin Paunescu
- Optimization of Management Decision by Network
Method used for Chipboards Manufacturing
Viorel Lefter
Ivan Cismaru
George Bobeica
- International Migration and its Effects on Family
Maria Constantinescu
Cornel Constantinescu