BibTex RIS Kaynak Göster

The measurement of efficiency in Turkish banking sector: The comparison of parametric and non-parametric models

Yıl 2012, Cilt: 23 Sayı: 82, 88 - 106, 01.11.2012

Öz

In this paper, we examine the efficiency of banking sector by using Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SSA) for the period 2005-2010 and compare the findings of these different methods. According to the findings, although we obtain different distribution of efficiency scores from the DEA and SFA analyses, in the case of different situations such as regulatory policy decisions and improvement of management performance, these two methods give same results and so the method choice has not more impact on the results obtained The findings are important for general economy as well as banks, creditors and investors.

Kaynakça

  • Adams, R.Berger, A.N., ve Sickles, R. (1995). Semiparametric Approaches to Stochastic Panel Frontiers with Applications in the Banking Industry. Working Paper, Rice University, USA
  • Aigner, D.J., C.A.K. Lovell, ve P. Schmidt, (1977). Formulation and estimation of stochastic frontier production function models. Journal of Econometrics 6, 21-37
  • Andor M., ve F.Hesse (2011). A Monte Carlo simulation comparing DEA, SFA and two simple approaches to combine efficiency estimates. CAWM Discussion Paper
  • Artar, O.K. ve A.A.Sarıdoğan (2012). Küresel Finansal KrizinTürkiye’de Bankacılık Sektörü Mali Yapısına Etkileri. Marmara Sosyal Araştırmalar Dergisi, Sayı.2, Haziran,2012
  • Aydın N., A.Yalama ve M.Sayım, (2009).Banking Efficiency in developing economy:Empirical Evidence From Turkey. Journal of Money, Investment and Banking, Issue.8, 49-70
  • Atan, Murat (2003). Türkiye Bankacılık sektöründe Veri Zarflama Analizi İle Bilançoya Dayalı Mali Etkinlik ve Verimlilik Analizi. Ekonomik Yaklaşım, Gazi Üniversitesi İktisat Bölümü, Üç Aylık Dergi, Sayı 48, Cilt 14, Sayfa: 71 --- 86
  • Ataullah A., Cockerill T. ve Le H., (2004).Financial Liberalization and Bank Efficiency: A Comparative Analysis of India and Pakistan. Applied Economics, Vol.36, Issue.17, 1915-1924
  • Bauer, P.W., Berger A.N., ve Humphrey, D.B., (1993). Efficiency and productivity Growth in US Banking. in: H.o. Fried, C.A.K. Lovell and S.S. Schmidt, The Measurement of Productive efficiency: Techniques and Applications, Oxford University Press, Oxford, 386-413
  • Bauer, P.W:, Berger A.N., Ferrier, G.D., and Humphrey, D.B., (1995).An Empirical Investigation of Productivity Change in US Banking., 1977-1988. Working Paper, University of Arkansas, Fayetteville, AR
  • Bauer P.W., Berger A.N., Ferrier G.D. ve Humphrey D.B., (1998). Consistency Conditions for Regulatory Analysis of Financial Institutions: A Comparison of Frontier Methods. Journal of Economics and Business, Volume 50, Number 2,85-114
  • Berg, S.A., Forsund, F.ve Jansen, E.(1991). Technical Efficiency of Norwegian Banks: A Nonparametric Approach to Efficiency Measurement. Journal of Productivity Analysis, 2, 127,142
  • Berger, A.N., (1993). Distribution-free’ estimates of efficiency in the US banking industry and tests of the standard distributional assumptions. Journal of Productivity Analysis,4, 261-292
  • Berger A.N. ve Humphrey D.B.,(1997).Efficiency of Finnacial Institutions: International Survey and Directions For Future Research. European Journal of Operational Research, 175-212
  • Berger A.N., Hasan I. ve Zhou M., (2008). Bank Ownership and Efficiency in China: What Will Happen in the World’s Largest Nation?. Journal of Banking and Finance
  • Berger, A.N. ve DeYoung.R., (1997). Problem Loans and Cost Efficiency in Commercial Banks
  • Journal of Banking and Finance, Elsevier, vol. 21(6), 849-870
  • Budak, H.(2011).Veri Zarflama Analizi ve Türk Bankacılık Sektöründe Uygulaması. Marmara Üniversitesi Fen Bilimleri Dergisi, 23 (3), 95-110
  • Chaffai, M. (1993).Technical and Time Variant Allocative Inefficiency of Tunisian Commercial Banks: A Shadow Cost Frontier Approach Using Panel Data. Working Paper, Faculte Des Sciences Economiques, Tunisia
  • Chang,C.E., Hasan I., ve Hunter W.C. (1993). Efficiency of Multinational Banks: An Empirical Investigation. Working Paper, New Jersey Institute of Technology
  • Charnes, A., Cooper W.W. ve Rhodes E., (1978). Measuring the Efficiency of Decision Making Unit
  • European Journal of Operations Research, 2: 429-444
  • Chiu Y.H., Chen Y.C. ve Bai X.J., (2011). Efficiency and Risk in Taiwan Banking:SBM super-DEA Estimation. Applied Economics, Vol.43, Is.5, 587-602
  • Coşkun, Y.S. ve Balatan, Z. (2009). Küresel Mali Krizin Bankacılık Sektörüne Etkileri ve Türk Bankacılık Sektörünün Veri Zarflama Analizi ile Bilançoya Dayalı Etkinlik Analizi. 12.İktisat Öğrencileri Kongresi, 7-8 Mayıs İzmir
  • Çilli, H. (1993). Economies of Scale and Scope in Banking : Evidence from the Turkish Commercial Banking Sector. TCMB Tartışma Tebliğleri No:9308
  • DeBorger, B., Ferrier, G. ve Kerstens, K. (1995). The Choice of a Technical Efficiency Measure on the Free Disposal Hull Reference Technology: A Comparison Using US Banking Data. Working Paper, University of Arkansas
  • Drake L.M., Hall M.J.B. ve Simper, R., (2005).The Impact of Macroeconomic and Regulatory Factors on Bank Efficiency: A Non-Parametric Analysis of Hong Kong’s Banking System. HKIMR Working Paper No.1/2005
  • E. Nur Ozkan-Gunay & Arzu Tektas, (2006). Efficiency Analysis Of The Turkish Banking Sector In Precrisis And Crisis Period: A Dea Approach. Contemporary Economic Policy, Western Economic Association International, vol. 24(3), pages 418-431, 07
  • Ertugrul, M. ve Zaim O. (1996). Turk Bankaciliginda Etkinlik: Tarihi Gelisim Kantatif Analiz, Ankara Unal Offset
  • Farrell, M.J. (1957). The Measurement of Productive Efficiency. Journal of the Royal Statistical Society (A, general), 120: 253---281
  • Favore, C. ve Pappi L., (1995). Technical Efficiency and Scale Efficiency in the Italian Banking Sector: A Non-parametric Approach. Applied Economics, 27: 349-366
  • Ferrier, G. ve Lovell, C.A.K. (1990). Measuring Cost Efficiecny in Banking: Econometric and Linear programming Evidence. Journal of Econometrics, 46, 229-245
  • Fukuyama, H., (1993). Technical and scale efficiency of Japanese commercial banks: A nonparametric approach, Applied Economics 25, 1101---1112
  • Hasan, I. ve Marton K., (2003). Development and Efficiency of the Banking Sector in a Transnational Economy: Hungarian Experience. Journal of Banking and Finance, 27, 2249-2271 Havrylchyk O., (2006). Efficiency of the Polish Banking Industry: Foreign versus Domestic Banks”, Available at SSRN: http://ssrn.com/abstract=499922 or http://dx.doi.org/10.2139/ssrn.499922 Hunter, W.C.ve Timme,S. (1995).Core Deposits and Physical Capital: A Reexamination of Bank Scale Economies and Efficiency With Quasi-Fixed Inputs. Journal of Money, Credit and Banking, 27, 165-185
  • Isik I. ve Hassan M.K. (2003). Efficiency, Ownership and Market Structure, Corporate Control and Governance in the Turkish Banking Industry. Journal of Business Finance & Accounting, Vol.30, Is.9-10, 1363-1421
  • Jackson, P.M. ve Fethi, M.D., (2000). Evaluating the efficiency of Turkish commercial banks: an application of DEA and Tobit Analysis. Leicester, University of Leicester Efficiency and Productivity Research Unit, 2000
  • Kalirajan, K P ve Shand, R T, (1999). Frontier Production Functions and Technical Efficiency Measures. Journal of Economic Surveys, Wiley Blackwell, vol. 13(2),149-72
  • Koivu, Tuuli (2002). Do Efficient Banking Sectors Accelerate Economic Growth in Transation Countries. BOFIT Discussion Paper No.14/2002
  • Kuussaari, H.(1993).Productive Efficiency in Finnish Local Banking During 1985-1990. Working Paper, Bank of Finland Discussion Papers,14/93
  • Lang, G. ve Welzel, p. (1996). Efficiency and Technical Progress in Banking: Empirical Results for a Panel of German Banks. Journal of Banking and Finance, 20, 1003-1023
  • Mahajan, A., Rangan, N. ve Zardkoohi, A. (1996). Cost Structures in Multinational and Domestic Banking. Journal of Banking and Finance, 20, 238-306
  • Meeusen, W.J. ve van der Broeck, (1977).Efficiency estimation from cobb-douglas production functions with composed error. International Economic Review 18, 435-444
  • Mercan M. ve O.R.Yolalan, (2000). Türk Bankacılık Sisteminde Ölçek ve Mülkiyet Yapıları ile Finansal Performans İlişkisi. İMKB Dergisi, Yıl:4, Sayı:15, sayfa 1-26
  • Mercan, M., Reisman, A., Yolalan, R., Emel, A. B. (2003). The Effect of Scale and Mode of Ownership on The Financial Performance of Turkish Banking Sector: Result of a DEA-Based Analysis, Socio- Economic Planning Sciences, 37(3), 185-202
  • Mertens, A. Ve Urga, G., (2001). Efficiency, Scale and Scope Economies in The Ukranian Banking Sector in 1998”, Emerging Markets Review, Vol.2, Is.3, 292-308
  • Mokhtar, H.S.A., Ahmad, S., Naziruddin, A. ve Syed M.A, (2006). Efficiency of Islamic Banking in Malaysia: A Stochastic Frontier Approach. Journal of Economic Cooperation, 27 (2), 37-70
  • Oladele, P.O, Abosede, A.J., Akeke N.I., (2012). A Post-Consolidation Assesment of Profitability in Nigerian Banks. Journal of Social and development Sciences, Vol.3, No.1, pp.1-5
  • Önal Y.B. ve Sevimeser N.C., (2006). Yabancı Banka Girişlerinin Türk Bankacılık Sistemine Etkileri: Yerli Ve Yabancı Bankaların Etkinlik Analizi. Çukurova Üniversitesi, Sosyal Bilimler Enstitü Dergisi, 15, 2, 295-312
  • Peristiani, S. (1997). Do Mergers Improve the X Efficiency and Scale efficiency of US Banks? Evidence From the 1980s. Journal of Money, Credit and Banking, vol. 29, No.3, 326-337
  • Resti, A.(1995). Linear Programming and Econometric Methods for Bank Efficiency Evaluation: An Empirical Comparison Based on Panel of Italian Banks. Working Paper, University of Bergamo, Italy
  • Resti, A. (1997). Evaluating the cost-efficiency of the Italian banking system: What can be learned from the joint application of parametric and non-parametric techniques. Journal of Banking & Finance 21, 221-250
  • Shanmugam K.R. ve Das, A., (2004). Efficiency of Indian Commercial Banks During the Reform Period. Applied Financial Economics, Vol.14, Is.9, 681-686
  • Singh, S., Coelli, T. ve Fleming, E. (2000). Performance of dairy plants in the cooperative and private sectors in India. University of New England: Centre for Efficiency and Productivity Analysis (CEPA) Working Paper #2/2000
  • Staub R.B., Souza G.S.S. ve Tabak, B.M., (2010). Evoluation of Bank Efficiency in Brazil: A DEA Approach. European Journal of Operational Research, Vol.202, Is.1, 204-213
  • Sufian F., (2009). Determinants of Bank Efficiency During Unstable Macroeconomic Environment: Empirical Evidence From Malaysia. Research in International Business and Finance, Vol.23, Issue.1, 54-77
  • Tahir I. ve Haron S., (2008). Technical Efficiency of the Malaysian Commercial Banks: A Stochastic Frontier Approach. Bank and Bank Systems, Vol.3, Is.4, 65-72
  • Weill L. (2004). Measuring Cost Efficiency in European Banking: A Comparison of Frontier Techniques. Journal of Productivity Analysis, Vol.21, Number, 2, 133-152
  • Yıldırım H.S., ve Philippatos, G.C., (2007). Efficiency of Banks: Recent Evidence from the Transition Economies of Europe, 1993-2000”. The European Journal of Finance, 13, 2, 123-143
  • Yıldırım, C. (1999), Evaluation of the Performance of Turkish Commercial Banks: A Non- Parametric Approach in Conjunction with Financial Ratio Analyses. International Conference in Economics III, ODTU
  • Yolalan, R. (1996). Türk Bankacılık Sektörü İçin Göreli Mali Performans Ölçümü. TBB Bankacılar Dergisi, Sayı 19
  • Zaim, O., (1995). The Effect of Financial Liberalization on the Efficiency of Turkish Commercial Banks
  • Applied Financial Economics,5, 257-264
  • Zhu, S., Ellinger, P. ve Shumway, R., (1995). The Choice of Functional Form and estimation of Banking Efficiency. Applied Economic Letters, Volume.2, Issue.10,375-379.

Türk bankacılık sektöründe etkinlik ölçümü: Parametrik ve parametrik olmayan modellerin karşılaştırması

Yıl 2012, Cilt: 23 Sayı: 82, 88 - 106, 01.11.2012

Öz

Çalışmada Türk Bankacılık sektöründe 2005 - 2010 yılları arasında faaliyet gösteren ticari bankaların etkinliği, etkinlik ölçümünde en çok kullanılan yöntemlerden Veri Zarflama Analizi (VZA) ve Stokastik Sınır Analizi (SSA) modelleri ile incelenmiş ve bu farklı modellerden elde edilen bulgular karşılaştırılmıştır. Sonuçta, bankacılık sektörünün etkinliğinin ölçümünde VZA ve SSA yöntemleri kullanıldığında etkinlik skorlarına ilişkin farklı dağılım özellikleri elde edilse bile, düzenleyici politika kararlarının alınması ya da yönetim performansının geliştirilmesi gibi farklı amaçlar için kullanılması durumunda, bu yöntemlerin benzer sonuçlar vereceği ve kullanılan yöntemin elde edilen sonuçlar üzerinde çok fazla etkisinin olmayacağı söylenebilir. Elde edilen bulgular, bankalar, kreditörler ve yatırımcılar açısından önemli olduğu kadar ülke ekonomisi açısından da önem taşımaktadır.

Kaynakça

  • Adams, R.Berger, A.N., ve Sickles, R. (1995). Semiparametric Approaches to Stochastic Panel Frontiers with Applications in the Banking Industry. Working Paper, Rice University, USA
  • Aigner, D.J., C.A.K. Lovell, ve P. Schmidt, (1977). Formulation and estimation of stochastic frontier production function models. Journal of Econometrics 6, 21-37
  • Andor M., ve F.Hesse (2011). A Monte Carlo simulation comparing DEA, SFA and two simple approaches to combine efficiency estimates. CAWM Discussion Paper
  • Artar, O.K. ve A.A.Sarıdoğan (2012). Küresel Finansal KrizinTürkiye’de Bankacılık Sektörü Mali Yapısına Etkileri. Marmara Sosyal Araştırmalar Dergisi, Sayı.2, Haziran,2012
  • Aydın N., A.Yalama ve M.Sayım, (2009).Banking Efficiency in developing economy:Empirical Evidence From Turkey. Journal of Money, Investment and Banking, Issue.8, 49-70
  • Atan, Murat (2003). Türkiye Bankacılık sektöründe Veri Zarflama Analizi İle Bilançoya Dayalı Mali Etkinlik ve Verimlilik Analizi. Ekonomik Yaklaşım, Gazi Üniversitesi İktisat Bölümü, Üç Aylık Dergi, Sayı 48, Cilt 14, Sayfa: 71 --- 86
  • Ataullah A., Cockerill T. ve Le H., (2004).Financial Liberalization and Bank Efficiency: A Comparative Analysis of India and Pakistan. Applied Economics, Vol.36, Issue.17, 1915-1924
  • Bauer, P.W., Berger A.N., ve Humphrey, D.B., (1993). Efficiency and productivity Growth in US Banking. in: H.o. Fried, C.A.K. Lovell and S.S. Schmidt, The Measurement of Productive efficiency: Techniques and Applications, Oxford University Press, Oxford, 386-413
  • Bauer, P.W:, Berger A.N., Ferrier, G.D., and Humphrey, D.B., (1995).An Empirical Investigation of Productivity Change in US Banking., 1977-1988. Working Paper, University of Arkansas, Fayetteville, AR
  • Bauer P.W., Berger A.N., Ferrier G.D. ve Humphrey D.B., (1998). Consistency Conditions for Regulatory Analysis of Financial Institutions: A Comparison of Frontier Methods. Journal of Economics and Business, Volume 50, Number 2,85-114
  • Berg, S.A., Forsund, F.ve Jansen, E.(1991). Technical Efficiency of Norwegian Banks: A Nonparametric Approach to Efficiency Measurement. Journal of Productivity Analysis, 2, 127,142
  • Berger, A.N., (1993). Distribution-free’ estimates of efficiency in the US banking industry and tests of the standard distributional assumptions. Journal of Productivity Analysis,4, 261-292
  • Berger A.N. ve Humphrey D.B.,(1997).Efficiency of Finnacial Institutions: International Survey and Directions For Future Research. European Journal of Operational Research, 175-212
  • Berger A.N., Hasan I. ve Zhou M., (2008). Bank Ownership and Efficiency in China: What Will Happen in the World’s Largest Nation?. Journal of Banking and Finance
  • Berger, A.N. ve DeYoung.R., (1997). Problem Loans and Cost Efficiency in Commercial Banks
  • Journal of Banking and Finance, Elsevier, vol. 21(6), 849-870
  • Budak, H.(2011).Veri Zarflama Analizi ve Türk Bankacılık Sektöründe Uygulaması. Marmara Üniversitesi Fen Bilimleri Dergisi, 23 (3), 95-110
  • Chaffai, M. (1993).Technical and Time Variant Allocative Inefficiency of Tunisian Commercial Banks: A Shadow Cost Frontier Approach Using Panel Data. Working Paper, Faculte Des Sciences Economiques, Tunisia
  • Chang,C.E., Hasan I., ve Hunter W.C. (1993). Efficiency of Multinational Banks: An Empirical Investigation. Working Paper, New Jersey Institute of Technology
  • Charnes, A., Cooper W.W. ve Rhodes E., (1978). Measuring the Efficiency of Decision Making Unit
  • European Journal of Operations Research, 2: 429-444
  • Chiu Y.H., Chen Y.C. ve Bai X.J., (2011). Efficiency and Risk in Taiwan Banking:SBM super-DEA Estimation. Applied Economics, Vol.43, Is.5, 587-602
  • Coşkun, Y.S. ve Balatan, Z. (2009). Küresel Mali Krizin Bankacılık Sektörüne Etkileri ve Türk Bankacılık Sektörünün Veri Zarflama Analizi ile Bilançoya Dayalı Etkinlik Analizi. 12.İktisat Öğrencileri Kongresi, 7-8 Mayıs İzmir
  • Çilli, H. (1993). Economies of Scale and Scope in Banking : Evidence from the Turkish Commercial Banking Sector. TCMB Tartışma Tebliğleri No:9308
  • DeBorger, B., Ferrier, G. ve Kerstens, K. (1995). The Choice of a Technical Efficiency Measure on the Free Disposal Hull Reference Technology: A Comparison Using US Banking Data. Working Paper, University of Arkansas
  • Drake L.M., Hall M.J.B. ve Simper, R., (2005).The Impact of Macroeconomic and Regulatory Factors on Bank Efficiency: A Non-Parametric Analysis of Hong Kong’s Banking System. HKIMR Working Paper No.1/2005
  • E. Nur Ozkan-Gunay & Arzu Tektas, (2006). Efficiency Analysis Of The Turkish Banking Sector In Precrisis And Crisis Period: A Dea Approach. Contemporary Economic Policy, Western Economic Association International, vol. 24(3), pages 418-431, 07
  • Ertugrul, M. ve Zaim O. (1996). Turk Bankaciliginda Etkinlik: Tarihi Gelisim Kantatif Analiz, Ankara Unal Offset
  • Farrell, M.J. (1957). The Measurement of Productive Efficiency. Journal of the Royal Statistical Society (A, general), 120: 253---281
  • Favore, C. ve Pappi L., (1995). Technical Efficiency and Scale Efficiency in the Italian Banking Sector: A Non-parametric Approach. Applied Economics, 27: 349-366
  • Ferrier, G. ve Lovell, C.A.K. (1990). Measuring Cost Efficiecny in Banking: Econometric and Linear programming Evidence. Journal of Econometrics, 46, 229-245
  • Fukuyama, H., (1993). Technical and scale efficiency of Japanese commercial banks: A nonparametric approach, Applied Economics 25, 1101---1112
  • Hasan, I. ve Marton K., (2003). Development and Efficiency of the Banking Sector in a Transnational Economy: Hungarian Experience. Journal of Banking and Finance, 27, 2249-2271 Havrylchyk O., (2006). Efficiency of the Polish Banking Industry: Foreign versus Domestic Banks”, Available at SSRN: http://ssrn.com/abstract=499922 or http://dx.doi.org/10.2139/ssrn.499922 Hunter, W.C.ve Timme,S. (1995).Core Deposits and Physical Capital: A Reexamination of Bank Scale Economies and Efficiency With Quasi-Fixed Inputs. Journal of Money, Credit and Banking, 27, 165-185
  • Isik I. ve Hassan M.K. (2003). Efficiency, Ownership and Market Structure, Corporate Control and Governance in the Turkish Banking Industry. Journal of Business Finance & Accounting, Vol.30, Is.9-10, 1363-1421
  • Jackson, P.M. ve Fethi, M.D., (2000). Evaluating the efficiency of Turkish commercial banks: an application of DEA and Tobit Analysis. Leicester, University of Leicester Efficiency and Productivity Research Unit, 2000
  • Kalirajan, K P ve Shand, R T, (1999). Frontier Production Functions and Technical Efficiency Measures. Journal of Economic Surveys, Wiley Blackwell, vol. 13(2),149-72
  • Koivu, Tuuli (2002). Do Efficient Banking Sectors Accelerate Economic Growth in Transation Countries. BOFIT Discussion Paper No.14/2002
  • Kuussaari, H.(1993).Productive Efficiency in Finnish Local Banking During 1985-1990. Working Paper, Bank of Finland Discussion Papers,14/93
  • Lang, G. ve Welzel, p. (1996). Efficiency and Technical Progress in Banking: Empirical Results for a Panel of German Banks. Journal of Banking and Finance, 20, 1003-1023
  • Mahajan, A., Rangan, N. ve Zardkoohi, A. (1996). Cost Structures in Multinational and Domestic Banking. Journal of Banking and Finance, 20, 238-306
  • Meeusen, W.J. ve van der Broeck, (1977).Efficiency estimation from cobb-douglas production functions with composed error. International Economic Review 18, 435-444
  • Mercan M. ve O.R.Yolalan, (2000). Türk Bankacılık Sisteminde Ölçek ve Mülkiyet Yapıları ile Finansal Performans İlişkisi. İMKB Dergisi, Yıl:4, Sayı:15, sayfa 1-26
  • Mercan, M., Reisman, A., Yolalan, R., Emel, A. B. (2003). The Effect of Scale and Mode of Ownership on The Financial Performance of Turkish Banking Sector: Result of a DEA-Based Analysis, Socio- Economic Planning Sciences, 37(3), 185-202
  • Mertens, A. Ve Urga, G., (2001). Efficiency, Scale and Scope Economies in The Ukranian Banking Sector in 1998”, Emerging Markets Review, Vol.2, Is.3, 292-308
  • Mokhtar, H.S.A., Ahmad, S., Naziruddin, A. ve Syed M.A, (2006). Efficiency of Islamic Banking in Malaysia: A Stochastic Frontier Approach. Journal of Economic Cooperation, 27 (2), 37-70
  • Oladele, P.O, Abosede, A.J., Akeke N.I., (2012). A Post-Consolidation Assesment of Profitability in Nigerian Banks. Journal of Social and development Sciences, Vol.3, No.1, pp.1-5
  • Önal Y.B. ve Sevimeser N.C., (2006). Yabancı Banka Girişlerinin Türk Bankacılık Sistemine Etkileri: Yerli Ve Yabancı Bankaların Etkinlik Analizi. Çukurova Üniversitesi, Sosyal Bilimler Enstitü Dergisi, 15, 2, 295-312
  • Peristiani, S. (1997). Do Mergers Improve the X Efficiency and Scale efficiency of US Banks? Evidence From the 1980s. Journal of Money, Credit and Banking, vol. 29, No.3, 326-337
  • Resti, A.(1995). Linear Programming and Econometric Methods for Bank Efficiency Evaluation: An Empirical Comparison Based on Panel of Italian Banks. Working Paper, University of Bergamo, Italy
  • Resti, A. (1997). Evaluating the cost-efficiency of the Italian banking system: What can be learned from the joint application of parametric and non-parametric techniques. Journal of Banking & Finance 21, 221-250
  • Shanmugam K.R. ve Das, A., (2004). Efficiency of Indian Commercial Banks During the Reform Period. Applied Financial Economics, Vol.14, Is.9, 681-686
  • Singh, S., Coelli, T. ve Fleming, E. (2000). Performance of dairy plants in the cooperative and private sectors in India. University of New England: Centre for Efficiency and Productivity Analysis (CEPA) Working Paper #2/2000
  • Staub R.B., Souza G.S.S. ve Tabak, B.M., (2010). Evoluation of Bank Efficiency in Brazil: A DEA Approach. European Journal of Operational Research, Vol.202, Is.1, 204-213
  • Sufian F., (2009). Determinants of Bank Efficiency During Unstable Macroeconomic Environment: Empirical Evidence From Malaysia. Research in International Business and Finance, Vol.23, Issue.1, 54-77
  • Tahir I. ve Haron S., (2008). Technical Efficiency of the Malaysian Commercial Banks: A Stochastic Frontier Approach. Bank and Bank Systems, Vol.3, Is.4, 65-72
  • Weill L. (2004). Measuring Cost Efficiency in European Banking: A Comparison of Frontier Techniques. Journal of Productivity Analysis, Vol.21, Number, 2, 133-152
  • Yıldırım H.S., ve Philippatos, G.C., (2007). Efficiency of Banks: Recent Evidence from the Transition Economies of Europe, 1993-2000”. The European Journal of Finance, 13, 2, 123-143
  • Yıldırım, C. (1999), Evaluation of the Performance of Turkish Commercial Banks: A Non- Parametric Approach in Conjunction with Financial Ratio Analyses. International Conference in Economics III, ODTU
  • Yolalan, R. (1996). Türk Bankacılık Sektörü İçin Göreli Mali Performans Ölçümü. TBB Bankacılar Dergisi, Sayı 19
  • Zaim, O., (1995). The Effect of Financial Liberalization on the Efficiency of Turkish Commercial Banks
  • Applied Financial Economics,5, 257-264
  • Zhu, S., Ellinger, P. ve Shumway, R., (1995). The Choice of Functional Form and estimation of Banking Efficiency. Applied Economic Letters, Volume.2, Issue.10,375-379.
Toplam 62 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Bölüm Makaleler
Yazarlar

Sibel Çelik Bu kişi benim

Yayımlanma Tarihi 1 Kasım 2012
Yayımlandığı Sayı Yıl 2012 Cilt: 23 Sayı: 82

Kaynak Göster

APA Çelik, S. (2012). Türk bankacılık sektöründe etkinlik ölçümü: Parametrik ve parametrik olmayan modellerin karşılaştırması. Bankacılar, 23(82), 88-106.
AMA Çelik S. Türk bankacılık sektöründe etkinlik ölçümü: Parametrik ve parametrik olmayan modellerin karşılaştırması. Bankacılar. Kasım 2012;23(82):88-106.
Chicago Çelik, Sibel. “Türk bankacılık sektöründe Etkinlik ölçümü: Parametrik Ve Parametrik Olmayan Modellerin karşılaştırması”. Bankacılar 23, sy. 82 (Kasım 2012): 88-106.
EndNote Çelik S (01 Kasım 2012) Türk bankacılık sektöründe etkinlik ölçümü: Parametrik ve parametrik olmayan modellerin karşılaştırması. Bankacılar 23 82 88–106.
IEEE S. Çelik, “Türk bankacılık sektöründe etkinlik ölçümü: Parametrik ve parametrik olmayan modellerin karşılaştırması”, Bankacılar, c. 23, sy. 82, ss. 88–106, 2012.
ISNAD Çelik, Sibel. “Türk bankacılık sektöründe Etkinlik ölçümü: Parametrik Ve Parametrik Olmayan Modellerin karşılaştırması”. Bankacılar 23/82 (Kasım 2012), 88-106.
JAMA Çelik S. Türk bankacılık sektöründe etkinlik ölçümü: Parametrik ve parametrik olmayan modellerin karşılaştırması. Bankacılar. 2012;23:88–106.
MLA Çelik, Sibel. “Türk bankacılık sektöründe Etkinlik ölçümü: Parametrik Ve Parametrik Olmayan Modellerin karşılaştırması”. Bankacılar, c. 23, sy. 82, 2012, ss. 88-106.
Vancouver Çelik S. Türk bankacılık sektöründe etkinlik ölçümü: Parametrik ve parametrik olmayan modellerin karşılaştırması. Bankacılar. 2012;23(82):88-106.