Araştırma Makalesi
BibTex RIS Kaynak Göster
Yıl 2025, Cilt: 12 Sayı: 1, 14 - 32, 13.01.2025

Öz

Destekleyen Kurum

Gazi üniversitesi

Kaynakça

  • Alfaiate, N. C., Özdemir, Y. A., & Alp, İ. (2023). Efficiency Assessment of Mozambican Banks: A Slacks-Based Measure of Efficiency Approach. Journal of Economics and Business Issues, 3(2), 26-39.
  • Bahrini, R. (2017). Efficiency analysis of Islamic banks in the Middle East and North Africa region: A bootstrap DEA approach. International Journal of Financial Studies, 5(1), 7.
  • Banker, R. D., Charnes, A., & Cooper, W. W. (1984). Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis. Management Science, 30(9), 1078-1092.
  • Charnes, A., Cooper, W. W., & Rhodes, E. (1978). Measuring the Efficiency of Decision-Making Units. European Journal of Operational Research, 2(6), 429-444.
  • Cifuentes-Faura, J., & Faura-Martínez, U. (2023). Measuring Spanish airport performance: A bootstrap data envelopment analysis of efficiency. Utilities Policy, 80, 101457. ‏
  • Cooper WW, Ruiz JL, Sirvent I (2009) Selecting non-zero weights to evaluate efectiveness of basketball players with dea. Eur J Oper Res 195(2):563–574.
  • Dia, M., Golmohammadi, A., & Takouda, P. M. (2020). Relative efficiency of Canadian banks: A three-stage network bootstrap DEA. Journal of Risk and Financial Management, 13(4), 68. ‏
  • Diler, M. (2011). Efficiency, productivity, and risk analysis in Turkish banks: A bootstrap DEA approach. BDDK Bankacılık ve Finansal Piyasalar Dergisi, 5(2), 71-133. ‏
  • Dirik, C., & Göker, İ. E. K. (2022). Türkiye’deki Mevduat Bankalarının Üretim ve Aracılık Etkinlikleri: İki-Aşamalı Network VZA Uygulaması. Ankara Hacı Bayram Veli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 24(1), 38 6-409. ‏ Efron, B. (1979) Bootstrap Methods: Another Look at the Jackknife. The Annals of Statistics, 7, 1-26.
  • Eken, M. H., & Kale, S. (2011). Measuring bank branch performance using Data Envelopment Analysis (DEA): The case of Turkish bank branches. African Journal of Business Management, 5(3), 889-901. ‏
  • Färe, R., & Grosskopf, S. (2000). Theory and application of directional distance functions. Journal of productivity analysis, 13(2), 93-103.
  • Fukuyama, H., & Matousek, R. (2011). Efficiency of Turkish banking: Two-stage network system. Variable returns to scale model. Journal of International Financial Markets, Institutions and Money, 21(1), 75-91. ‏
  • Goyal RSJ, Singh M, Aggarwal A (2019) Efciency and technology gaps in Indian banking sector: application of meta-frontier directional distance function dea approach, The Journal of Finance and Data. Science 5:156–172
  • Jauhar SK, Pant M, Nagar AK (2017) Sustainable educational supply chain performance measurement through dea and diferential evolution: a case on indian hei. J Computat Sci 19:138–152
  • Kamau, A. W. (2011). Intermediation efficiency and productivity of the banking sector in Kenya. Interdisciplinary Journal of Research in Business, 1 (9), 12-26.
  • Kao, C., & Hwang, S.-N. N. (2008). Efficiency decomposition in two-stage data envelopment analysis: An application to non-life insurance companies in Taiwan. European Journal of Operational Research, 185(1), 418–429.
  • Leal Paço, C., & Cepeda Pérez, J. M. (2013). The use of DEA (Data Envelopment Analysis) methodology to evaluate the impact of ICT on productivity in the hotel sector. Via. Tourism Review, (3). ‏
  • Li, Y. (2020). Analyzing efficiencies of city commercial banks in China: An application of the bootstrapped DEA approach. Pacific-Basin Finance Journal, 62, 101372. ‏
  • Maghyereh, A. I., & Awartani, B. (2012). Financial integration of GCC banking markets: A non-parametric bootstrap DEA estimation approach. Research in International Business and Finance, 26(2), 181-195. ‏
  • Mahajan, V., Mogha, S. K., & Pannala, R. P. K. (2024). Evaluation of efficiency and ranking of Indian hotels and restaurants: a bootstrap DEA approach. Benchmarking: An International Journal, 31(1), 186-198. ‏
  • Mahmoudabadi, M. Z., & Emrouznejad, A. (2019). Comprehensive performance evaluation of banking branches: A three-stage slacks-based measure (SBM) data envelopment analysis. International Review of Economics & Finance, 64, 359-376.
  • Mahmoudi, R., Emrouznejad, A., Shetab-Boushehri, S. N., & Hejazi, S. R. (2020). The origins, development and future directions of data envelopment analysis approach in transportation systems. Socio-Economic Planning Sciences, 69, 100672.
  • Moon H, Min D (2020) A dea approach for evaluating the relationship between energy efciency and fnancial performance for energy-intensive frms in korea. J Clean Prod 255:120283.
  • Moradi‐Motlagh, A., & Saleh, A. S. (2014). Re‐examining the technical efficiency of Australian banks: a Bootstrap DEA Approach. Australian Economic Papers, 53(1-2), 112-128. ‏
  • Nwaogbe, O. R., Wanke, P., Ogwude, I. C., Barros, C. P., & Azad, A. K. (2018). Efficiency driver in Nigerian airports: a bootstrap DEA–censored quantile regression approach. Journal of Aviation Technology and Engineering, 7(2), 2.
  • Özdemir, A. F., & Navruz, G. (2016). Bootstrap-t ve yüzdelik bootstrap yöntemlerinde tekrar sayısı, budama yüzdesi ve dağılımın sonuçlara etkisi. Nevşehir Bilim ve Teknoloji Dergisi, 5(2), 74-85. ‏
  • Özsoy, V. S., & Örkcü, H. H. (2021). Structural and operational management of Turkish airports: a bootstrap data envelopment analysis of efficiency. Utilities Policy, 69, 101180. ‏ Panwar, A., Olfati, M., Pant, M., & Snasel, V. (2022). A review on the 40 years of existence of data envelopment analysis models: Historic development and current trends. Archives of Computational Methods in Engineering, 29(7), 5397-5426. ‏
  • Simar, L and Wilson, P. W. (2000). Statistical Inference in Nonparametric Frontier Models: The State of The Art. Journal of Productivity Analysis, 13(1), 49-78.
  • Simar, L. and Wilson, P.W. (1998). Sensitivity Analysis of Efficiency Scores: How to Bootstrap in Non-Parametric Frontier Models. Management Science 44(1), 49-61.
  • Simar, L. And Wilson. (2000). A General Methodology for Bootstrapping in Non-Parametric Frontier Models. Journal of Applied Statistics 27(6), 779-802.
  • Vaseei, M., Daneshmand-Mehr, M., Bazrafshan, M., & Kanafi, A. G. (2023). A network data envelopment analysis to evaluate the performance of a sustainable supply chain using bootstrap simulation. Journal of Engineering Research. ‏
  • Wang, K., Huang, W., Wu, J., & Liu, Y. N. (2014). Efficiency measures of the Chinese commercial banking system using an additive two-stage DEA. Omega, 44, 5-20. ‏
  • Yang, W., Shi, J., Qiao, H., Shao, Y., & Wang, S. (2017). Regional technical efficiency of Chinese Iron and steel industry based on bootstrap network data envelopment analysis. Socio-Economic Planning Sciences, 57, 14-24. ‏
  • Yen, B. T., Mulley, C., & Yeh, C. J. (2023). Performance evaluation for demand responsive transport services: A two-stage bootstrap-DEA and ordinary least square approach. Research in Transportation Business & Management, 46, 100869.
  • Yeşilyurt ME, Şahin E, Elbi MD, Kızılkaya A, Koyuncuoğlu MU, Akbaş-Yeşilyurt F (2021) A novel method for computing single output for dea with application in hospital efciency. Socioecon Plann Sci 76:100995.

Application Of The Two Stage Network Data Envelopment Analysis Model Using The Bootstrap Simulation Model: Case Of Turkish Banks

Yıl 2025, Cilt: 12 Sayı: 1, 14 - 32, 13.01.2025

Öz

This study aims to assess the efficiency of the banking sector in Turkey. To achieve this objective, a two-stage Network Data Envelopment Analysis (NDEA) model was applied. To enhance the accuracy of the results and calculate the bias in each stage, the bootstrap method was used in the NDEA. Specifically, an input-oriented under the constant return to scale (CRS) model was employed to evaluate efficiency. The study included data from the 2022 fiscal year for 13 commercial banks operating in Turkey. In the first stage, three input variables were considered: total assets, number of employees, and number of branches. The output for this stage was the general collected resources, which simultaneously served as the input for the second stage. In the second stage, two output variables were used: Net interest profit and other operating incomes. According to the results, the average efficiency of the banking sector in Turkey was 88.9% in the production stage and 80.7% in the intermediation stage, while the overall average efficiency was also 70.9%, as determined by the two-stage NDEA model. When applying the bootstrap method for the NDEA analysis, the average efficiencies for the three stages were 78.5%, 73.5%, and 56.4%, respectively. This indicates weak performance in the overall efficiency of the banking sector.

Kaynakça

  • Alfaiate, N. C., Özdemir, Y. A., & Alp, İ. (2023). Efficiency Assessment of Mozambican Banks: A Slacks-Based Measure of Efficiency Approach. Journal of Economics and Business Issues, 3(2), 26-39.
  • Bahrini, R. (2017). Efficiency analysis of Islamic banks in the Middle East and North Africa region: A bootstrap DEA approach. International Journal of Financial Studies, 5(1), 7.
  • Banker, R. D., Charnes, A., & Cooper, W. W. (1984). Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis. Management Science, 30(9), 1078-1092.
  • Charnes, A., Cooper, W. W., & Rhodes, E. (1978). Measuring the Efficiency of Decision-Making Units. European Journal of Operational Research, 2(6), 429-444.
  • Cifuentes-Faura, J., & Faura-Martínez, U. (2023). Measuring Spanish airport performance: A bootstrap data envelopment analysis of efficiency. Utilities Policy, 80, 101457. ‏
  • Cooper WW, Ruiz JL, Sirvent I (2009) Selecting non-zero weights to evaluate efectiveness of basketball players with dea. Eur J Oper Res 195(2):563–574.
  • Dia, M., Golmohammadi, A., & Takouda, P. M. (2020). Relative efficiency of Canadian banks: A three-stage network bootstrap DEA. Journal of Risk and Financial Management, 13(4), 68. ‏
  • Diler, M. (2011). Efficiency, productivity, and risk analysis in Turkish banks: A bootstrap DEA approach. BDDK Bankacılık ve Finansal Piyasalar Dergisi, 5(2), 71-133. ‏
  • Dirik, C., & Göker, İ. E. K. (2022). Türkiye’deki Mevduat Bankalarının Üretim ve Aracılık Etkinlikleri: İki-Aşamalı Network VZA Uygulaması. Ankara Hacı Bayram Veli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 24(1), 38 6-409. ‏ Efron, B. (1979) Bootstrap Methods: Another Look at the Jackknife. The Annals of Statistics, 7, 1-26.
  • Eken, M. H., & Kale, S. (2011). Measuring bank branch performance using Data Envelopment Analysis (DEA): The case of Turkish bank branches. African Journal of Business Management, 5(3), 889-901. ‏
  • Färe, R., & Grosskopf, S. (2000). Theory and application of directional distance functions. Journal of productivity analysis, 13(2), 93-103.
  • Fukuyama, H., & Matousek, R. (2011). Efficiency of Turkish banking: Two-stage network system. Variable returns to scale model. Journal of International Financial Markets, Institutions and Money, 21(1), 75-91. ‏
  • Goyal RSJ, Singh M, Aggarwal A (2019) Efciency and technology gaps in Indian banking sector: application of meta-frontier directional distance function dea approach, The Journal of Finance and Data. Science 5:156–172
  • Jauhar SK, Pant M, Nagar AK (2017) Sustainable educational supply chain performance measurement through dea and diferential evolution: a case on indian hei. J Computat Sci 19:138–152
  • Kamau, A. W. (2011). Intermediation efficiency and productivity of the banking sector in Kenya. Interdisciplinary Journal of Research in Business, 1 (9), 12-26.
  • Kao, C., & Hwang, S.-N. N. (2008). Efficiency decomposition in two-stage data envelopment analysis: An application to non-life insurance companies in Taiwan. European Journal of Operational Research, 185(1), 418–429.
  • Leal Paço, C., & Cepeda Pérez, J. M. (2013). The use of DEA (Data Envelopment Analysis) methodology to evaluate the impact of ICT on productivity in the hotel sector. Via. Tourism Review, (3). ‏
  • Li, Y. (2020). Analyzing efficiencies of city commercial banks in China: An application of the bootstrapped DEA approach. Pacific-Basin Finance Journal, 62, 101372. ‏
  • Maghyereh, A. I., & Awartani, B. (2012). Financial integration of GCC banking markets: A non-parametric bootstrap DEA estimation approach. Research in International Business and Finance, 26(2), 181-195. ‏
  • Mahajan, V., Mogha, S. K., & Pannala, R. P. K. (2024). Evaluation of efficiency and ranking of Indian hotels and restaurants: a bootstrap DEA approach. Benchmarking: An International Journal, 31(1), 186-198. ‏
  • Mahmoudabadi, M. Z., & Emrouznejad, A. (2019). Comprehensive performance evaluation of banking branches: A three-stage slacks-based measure (SBM) data envelopment analysis. International Review of Economics & Finance, 64, 359-376.
  • Mahmoudi, R., Emrouznejad, A., Shetab-Boushehri, S. N., & Hejazi, S. R. (2020). The origins, development and future directions of data envelopment analysis approach in transportation systems. Socio-Economic Planning Sciences, 69, 100672.
  • Moon H, Min D (2020) A dea approach for evaluating the relationship between energy efciency and fnancial performance for energy-intensive frms in korea. J Clean Prod 255:120283.
  • Moradi‐Motlagh, A., & Saleh, A. S. (2014). Re‐examining the technical efficiency of Australian banks: a Bootstrap DEA Approach. Australian Economic Papers, 53(1-2), 112-128. ‏
  • Nwaogbe, O. R., Wanke, P., Ogwude, I. C., Barros, C. P., & Azad, A. K. (2018). Efficiency driver in Nigerian airports: a bootstrap DEA–censored quantile regression approach. Journal of Aviation Technology and Engineering, 7(2), 2.
  • Özdemir, A. F., & Navruz, G. (2016). Bootstrap-t ve yüzdelik bootstrap yöntemlerinde tekrar sayısı, budama yüzdesi ve dağılımın sonuçlara etkisi. Nevşehir Bilim ve Teknoloji Dergisi, 5(2), 74-85. ‏
  • Özsoy, V. S., & Örkcü, H. H. (2021). Structural and operational management of Turkish airports: a bootstrap data envelopment analysis of efficiency. Utilities Policy, 69, 101180. ‏ Panwar, A., Olfati, M., Pant, M., & Snasel, V. (2022). A review on the 40 years of existence of data envelopment analysis models: Historic development and current trends. Archives of Computational Methods in Engineering, 29(7), 5397-5426. ‏
  • Simar, L and Wilson, P. W. (2000). Statistical Inference in Nonparametric Frontier Models: The State of The Art. Journal of Productivity Analysis, 13(1), 49-78.
  • Simar, L. and Wilson, P.W. (1998). Sensitivity Analysis of Efficiency Scores: How to Bootstrap in Non-Parametric Frontier Models. Management Science 44(1), 49-61.
  • Simar, L. And Wilson. (2000). A General Methodology for Bootstrapping in Non-Parametric Frontier Models. Journal of Applied Statistics 27(6), 779-802.
  • Vaseei, M., Daneshmand-Mehr, M., Bazrafshan, M., & Kanafi, A. G. (2023). A network data envelopment analysis to evaluate the performance of a sustainable supply chain using bootstrap simulation. Journal of Engineering Research. ‏
  • Wang, K., Huang, W., Wu, J., & Liu, Y. N. (2014). Efficiency measures of the Chinese commercial banking system using an additive two-stage DEA. Omega, 44, 5-20. ‏
  • Yang, W., Shi, J., Qiao, H., Shao, Y., & Wang, S. (2017). Regional technical efficiency of Chinese Iron and steel industry based on bootstrap network data envelopment analysis. Socio-Economic Planning Sciences, 57, 14-24. ‏
  • Yen, B. T., Mulley, C., & Yeh, C. J. (2023). Performance evaluation for demand responsive transport services: A two-stage bootstrap-DEA and ordinary least square approach. Research in Transportation Business & Management, 46, 100869.
  • Yeşilyurt ME, Şahin E, Elbi MD, Kızılkaya A, Koyuncuoğlu MU, Akbaş-Yeşilyurt F (2021) A novel method for computing single output for dea with application in hospital efciency. Socioecon Plann Sci 76:100995.
Toplam 35 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Ticari Bankacılık
Bölüm Makaleler
Yazarlar

Rama Kayali 0000-0003-2063-6607

İhsan Alp 0000-0002-3819-6171

Yayımlanma Tarihi 13 Ocak 2025
Gönderilme Tarihi 8 Ekim 2024
Kabul Tarihi 13 Ocak 2025
Yayımlandığı Sayı Yıl 2025 Cilt: 12 Sayı: 1

Kaynak Göster

APA Kayali, R., & Alp, İ. (2025). Application Of The Two Stage Network Data Envelopment Analysis Model Using The Bootstrap Simulation Model: Case Of Turkish Banks. Bankacılık Ve Finansal Araştırmalar Dergisi, 12(1), 14-32. https://doi.org/10.55026/jobaf.1560724