Financial repression, liberalization and bank total factor productivity: empirical evidence from the Thailand banking sector

Financial repression, liberalization and bank total factor productivity: empirical evidence from the Thailand banking sector

The present paper employs the Malmquist Productivity Index (MPI) method to examine sources of total factor productivity change of the Thailand banking sector during the post-Asian financial crisis period of 1999-2008. The empirical findings suggest that the Thailand banking sector has exhibited prod...

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Bibliographic Details
Main Author: Sufian, Fadzlan
Format: Article
Language:English
Published: Academy of Economic Studies 2011
Subjects:
HG Finance
HG1501 Banking
Online Access:http://irep.iium.edu.my/12227/
http://irep.iium.edu.my/12227/
http://irep.iium.edu.my/12227/1/Fadzlan_Sufian.pdf
id iium-12227
recordtype eprints
spelling iium-122272012-02-28T06:38:18Z http://irep.iium.edu.my/12227/ Financial repression, liberalization and bank total factor productivity: empirical evidence from the Thailand banking sector Sufian, Fadzlan HG Finance HG1501 Banking The present paper employs the Malmquist Productivity Index (MPI) method to examine sources of total factor productivity change of the Thailand banking sector during the post-Asian financial crisis period of 1999-2008. The empirical findings suggest that the Thailand banking sector has exhibited productivity regress during the period under study due to technological regress. The results indicate that the domestic banks have exhibited productivity regress due to technological regress, while the foreign banks have exhibited productivity progress attributed to technological progress. Credit risk and diversification have negative impacts on Thailand banks’ total factor productivity. On the other hand, the better capitalized and profitable Thailand banks tend to be relatively more productive. During the period under study, business cycle display mixed impacts. The empirical findings seem to suggest that the different structures of bank ownership have no significant impact on bank productivity. Academy of Economic Studies 2011 Article PeerReviewed application/pdf en http://irep.iium.edu.my/12227/1/Fadzlan_Sufian.pdf Sufian, Fadzlan (2011) Financial repression, liberalization and bank total factor productivity: empirical evidence from the Thailand banking sector. Economic Computation and Economic Cybenetics Studies and Research, 45 (4). pp. 31-52. ISSN 1842 – 3264 (O) ; 0424 – 267 X (P) http://www.ecocyb.ase.ro/Articles4114.htm
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG Finance
HG1501 Banking
spellingShingle HG Finance
HG1501 Banking
Sufian, Fadzlan
Financial repression, liberalization and bank total factor productivity: empirical evidence from the Thailand banking sector
description The present paper employs the Malmquist Productivity Index (MPI) method to examine sources of total factor productivity change of the Thailand banking sector during the post-Asian financial crisis period of 1999-2008. The empirical findings suggest that the Thailand banking sector has exhibited productivity regress during the period under study due to technological regress. The results indicate that the domestic banks have exhibited productivity regress due to technological regress, while the foreign banks have exhibited productivity progress attributed to technological progress. Credit risk and diversification have negative impacts on Thailand banks’ total factor productivity. On the other hand, the better capitalized and profitable Thailand banks tend to be relatively more productive. During the period under study, business cycle display mixed impacts. The empirical findings seem to suggest that the different structures of bank ownership have no significant impact on bank productivity.
format Article
author Sufian, Fadzlan
author_facet Sufian, Fadzlan
author_sort Sufian, Fadzlan
title Financial repression, liberalization and bank total factor productivity: empirical evidence from the Thailand banking sector
title_short Financial repression, liberalization and bank total factor productivity: empirical evidence from the Thailand banking sector
title_full Financial repression, liberalization and bank total factor productivity: empirical evidence from the Thailand banking sector
title_fullStr Financial repression, liberalization and bank total factor productivity: empirical evidence from the Thailand banking sector
title_full_unstemmed Financial repression, liberalization and bank total factor productivity: empirical evidence from the Thailand banking sector
title_sort financial repression, liberalization and bank total factor productivity: empirical evidence from the thailand banking sector
publisher Academy of Economic Studies
publishDate 2011
url http://irep.iium.edu.my/12227/
http://irep.iium.edu.my/12227/
http://irep.iium.edu.my/12227/1/Fadzlan_Sufian.pdf
first_indexed 2023-09-18T20:21:28Z
last_indexed 2023-09-18T20:21:28Z
_version_ 1777408135284129792

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