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Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries
In this paper we analyse the impact of financial liberalization and reforms on the banking performance in 17 countries from CEE for the period 2004–2008 using a two-stage empirical model that involves estimating bank performance in the first stage and assessing its determinants in the second one. Fr...
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2013
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3605381/ https://www.ncbi.nlm.nih.gov/pubmed/23555745 http://dx.doi.org/10.1371/journal.pone.0059686 |
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author | Andries, Alin Marius Capraru, Bogdan |
author_facet | Andries, Alin Marius Capraru, Bogdan |
author_sort | Andries, Alin Marius |
collection | PubMed |
description | In this paper we analyse the impact of financial liberalization and reforms on the banking performance in 17 countries from CEE for the period 2004–2008 using a two-stage empirical model that involves estimating bank performance in the first stage and assessing its determinants in the second one. From our analysis it results that banks from CEE countries with higher level of liberalization and openness are able to increase cost efficiency and eventually to offer cheaper services to clients. Banks from non-member EU countries are less cost efficient but experienced much higher total productivity growth level, and large sized banks are much more cost efficient than medium and small banks, while small sized banks show the highest growth in terms of productivity. |
format | Online Article Text |
id | pubmed-3605381 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2013 |
publisher | Public Library of Science |
record_format | MEDLINE/PubMed |
spelling | pubmed-36053812013-04-03 Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries Andries, Alin Marius Capraru, Bogdan PLoS One Research Article In this paper we analyse the impact of financial liberalization and reforms on the banking performance in 17 countries from CEE for the period 2004–2008 using a two-stage empirical model that involves estimating bank performance in the first stage and assessing its determinants in the second one. From our analysis it results that banks from CEE countries with higher level of liberalization and openness are able to increase cost efficiency and eventually to offer cheaper services to clients. Banks from non-member EU countries are less cost efficient but experienced much higher total productivity growth level, and large sized banks are much more cost efficient than medium and small banks, while small sized banks show the highest growth in terms of productivity. Public Library of Science 2013-03-21 /pmc/articles/PMC3605381/ /pubmed/23555745 http://dx.doi.org/10.1371/journal.pone.0059686 Text en © 2013 Andries, Capraru http://creativecommons.org/licenses/by/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are properly credited. |
spellingShingle | Research Article Andries, Alin Marius Capraru, Bogdan Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries |
title | Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries |
title_full | Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries |
title_fullStr | Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries |
title_full_unstemmed | Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries |
title_short | Impact of Financial Liberalization on Banking Sectors Performance from Central and Eastern European Countries |
title_sort | impact of financial liberalization on banking sectors performance from central and eastern european countries |
topic | Research Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3605381/ https://www.ncbi.nlm.nih.gov/pubmed/23555745 http://dx.doi.org/10.1371/journal.pone.0059686 |
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