Analysis of Financial Markets Depth on Effeciency of Banking Industry (Iran in Campration of MENA Countries)
This paper examines empirically the depth of financial development in the IRAN banking industry and it's comprision with MENA banking system during 1995 -2008 by applying Panel Data method. The study measures the cost efficiency of these banks using the stochastic frontier approach (SFA). The r...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
Allameh Tabataba'i University Press
2012-06-01
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| Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| Subjects: | |
| Online Access: | https://joer.atu.ac.ir/article_955_c6348587b3139c51ee663d5bf12cf2be.pdf |
| Summary: | This paper examines empirically the depth of financial development in the IRAN banking industry and it's comprision with MENA banking system during 1995 -2008 by applying Panel Data method. The study measures the cost efficiency of these banks using the stochastic frontier approach (SFA). The result shows that banks in MENA area, on average, could save 20 percent of their total costs if they were operating efficiently. We use a two- stage regression method to investigate the impact of depth of financial development on bank efficiency. The findings show that, the depth of financial development of the banking industry has increased the efficiency of banking system during the period of study. |
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| ISSN: | 1735-210X 2476-6453 |