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Bank performance : a theoretical and empirical framework for the analysis of profitability, competition and efficiency / Jacob A. Bikker and Jaap W.B. Bos.
Lippincott Library HG1615 .B53 2008
Available
- Format:
- Book
- Author/Creator:
- Bikker, Jacob A., 1952-
- Series:
- Routledge international studies in money and banking ; 48.
- Routledge international studies in money and banking ; 48
- Language:
- English
- Subjects (All):
- Bank management.
- Banks and banking.
- Physical Description:
- xviii, 154 pages : illustrations ; 24 cm.
- Place of Publication:
- London ; New York : Routledge, 2008.
- Contents:
- 2 Production of the banking firm 6
- Alternative explanations for bank performance 6
- From economic rationality to production functions 9
- From production functions to cost and profit functions 12
- 3 Regulation of the banking firm 16
- Motivation for capital regulation of financial institutions 16
- Basel I and II 17
- Procyclicality of the regulatory regime 20
- Part II Theoretical framework 23
- 4 Basic model of bank performance 25
- Profit maximization 26
- Basic model 28
- 5 Market power models 31
- Iwata 31
- Bresnahan 32
- Panzar-Rosse 33
- Structure-Conduct-Performance 34
- Cournot model 35
- The Stigler Approach 36
- 6 Efficiency of banks 38
- X-Efficiency 38
- Scale and scope economies 40
- Efficiency hypothesis 41
- 7 Synthesis 44
- Part III Trends in banking 47
- 8 Trends and the basic framework 49
- Causes 49
- Trends 51
- Consequences 53
- Synthesis 55
- Part IV Empirical results 59
- 9 Data 61
- Bank data sample 61
- Variable list 64
- 10 The Bresnahan model 67
- Theoretical structure of the Bresnahan model 67
- Empirical equations for the deposit and loan markets 68
- Estimation results for the market for deposit facilities 70
- EU-wide results for deposit facility markets 71
- Single-country results for deposit facility markets 73
- Estimation results for loan markets 74
- EU-wide results for loan markets 74
- Single-country results results for loan markets 75
- Earlier Applications of Bresnahan in the Literature 76
- 11 Panzar-Rosse model 77
- Theoretical framework 77
- Empirical P-R model 79
- The impact of bank size 83
- 12 Structure-Conduct-Performance model 87
- 13 Cournot model 89
- 14 X-Efficiency 91
- Cost efficiency 91
- Profit efficiency 92
- Efficiency hypothesis 92
- 15 Scale and scope economies 98
- Scale economies 98
- Scope economies 102
- 16 Synthesis: the measurement of competition and efficiency 107
- Data on simple proxies and model-based measures of competition and efficiency 107
- Interdependencies among measures of competition and efficiency 109
- A balanced score-card approach to measuring competition 113
- 18 Research agenda 119
- Appendix 1 Guide for instructors 121
- Appendix 2 Programming code 135.
- Notes:
- Includes bibliographical references (pages [143]-150) and index.
- ISBN:
- 9780415397667
- 0415397669
- 9780203030899
- 0203030893
- OCLC:
- 182573564
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