Measuring the Efficacy and Productiveness of Croatian Banks with the Malmquist Index of Change in Total Factor Productivity
In the literature that deals with the empirical measurement of relative technical efficiency and change in the productiveness of banks over time the Malmquist index of change of total factor productivity has become the most often-used analytical tool. It has been shown that the Malmquist index helps...
Main Authors: | , |
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Format: | Article |
Language: | English |
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Institute of Public Finance
2005-12-01
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Series: | Financial Theory and Practice |
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Online Access: | http://www.ijf.hr/eng/FTP/2005/4/primorac-troskot.pdf |
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author | Marko Primorac Zvonimir Troskot |
author_facet | Marko Primorac Zvonimir Troskot |
author_sort | Marko Primorac |
collection | DOAJ |
description | In the literature that deals with the empirical measurement of relative technical efficiency and change in the productiveness of banks over time the Malmquist index of change of total factor productivity has become the most often-used analytical tool. It has been shown that the Malmquist index helps both central and commercial bank analysis to monitor trends within the banking sector, and that it can be used as assistance in controlling the system and in strategic planning. This investigation is directed at the relative comparison of banks within the banking sector of Croatia in the period from 2000 to 2003, and is the first paper in which the Croatian banking sector has been analysed with the application of the Malmquist index of change in total factor productivity. The scientific contribution deriving from this is heightened by the interdisciplinarity that informs the paper. The primary objective of the investigation is the monitoring of relative trends of banks inside the very dynamic Croatian banking sector. Focus is placed on the need for the development of additional models to cover alternative and above all off-balance-sheet indicators. |
first_indexed | 2024-12-10T19:12:19Z |
format | Article |
id | doaj.art-8e259767cd894bdd9bdc549cbf0bd759 |
institution | Directory Open Access Journal |
issn | 1846-887X 1845-9757 |
language | English |
last_indexed | 2024-12-10T19:12:19Z |
publishDate | 2005-12-01 |
publisher | Institute of Public Finance |
record_format | Article |
series | Financial Theory and Practice |
spelling | doaj.art-8e259767cd894bdd9bdc549cbf0bd7592022-12-22T01:36:42ZengInstitute of Public FinanceFinancial Theory and Practice1846-887X1845-97572005-12-01294309325Measuring the Efficacy and Productiveness of Croatian Banks with the Malmquist Index of Change in Total Factor ProductivityMarko PrimoracZvonimir TroskotIn the literature that deals with the empirical measurement of relative technical efficiency and change in the productiveness of banks over time the Malmquist index of change of total factor productivity has become the most often-used analytical tool. It has been shown that the Malmquist index helps both central and commercial bank analysis to monitor trends within the banking sector, and that it can be used as assistance in controlling the system and in strategic planning. This investigation is directed at the relative comparison of banks within the banking sector of Croatia in the period from 2000 to 2003, and is the first paper in which the Croatian banking sector has been analysed with the application of the Malmquist index of change in total factor productivity. The scientific contribution deriving from this is heightened by the interdisciplinarity that informs the paper. The primary objective of the investigation is the monitoring of relative trends of banks inside the very dynamic Croatian banking sector. Focus is placed on the need for the development of additional models to cover alternative and above all off-balance-sheet indicators.http://www.ijf.hr/eng/FTP/2005/4/primorac-troskot.pdfMalmquist TFP indexbanking performance |
spellingShingle | Marko Primorac Zvonimir Troskot Measuring the Efficacy and Productiveness of Croatian Banks with the Malmquist Index of Change in Total Factor Productivity Financial Theory and Practice Malmquist TFP index banking performance |
title | Measuring the Efficacy and Productiveness of Croatian Banks with the Malmquist Index of Change in Total Factor Productivity |
title_full | Measuring the Efficacy and Productiveness of Croatian Banks with the Malmquist Index of Change in Total Factor Productivity |
title_fullStr | Measuring the Efficacy and Productiveness of Croatian Banks with the Malmquist Index of Change in Total Factor Productivity |
title_full_unstemmed | Measuring the Efficacy and Productiveness of Croatian Banks with the Malmquist Index of Change in Total Factor Productivity |
title_short | Measuring the Efficacy and Productiveness of Croatian Banks with the Malmquist Index of Change in Total Factor Productivity |
title_sort | measuring the efficacy and productiveness of croatian banks with the malmquist index of change in total factor productivity |
topic | Malmquist TFP index banking performance |
url | http://www.ijf.hr/eng/FTP/2005/4/primorac-troskot.pdf |
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