The Profit Efficiency of Commercial Banks in Zimbabwe: An Application of Data Envelopment Analysis

References

• Agarwal, A. 2010. Financial inclusion: Challenges & opportunities, 23rd Skoch Summit 2010
   Google Scholar
• Banker, R.D., Charnes, A. & Cooper, W.W. 1984. ‘Some models for the estimation of technical and scale inefficiencies in data envelopment analysis’, Management Science, 30:1078–1092.
   Web of Science ®Google Scholar
• Barr, R.S. et al. 2002. ‘Evaluating the productive efficiency and performance of US. Commercial Banks’. Engineering Management, 28(8):19.
   Google Scholar
• Ben-Khedhiri, K. & Ben-Khedhiri, H. 2009. ‘Determinants of Islamic bank profitability in the MENA region’, International Journal of Monetary Economics and Finance, 2(3/4): 409–426.
   Google Scholar
• Berger, A.N. & Humphrey, D.B. 1997. ‘Efficiency of financial institutions: International survey and directions for further research’, European Journal of Operational Research, 98: 175–212.
   Web of Science ®Google Scholar
• Berger, A.N. & Mester, L.J. 2003. ‘Explaining the dramatic change in performance of US banks: Technological change, deregulation, and dynamic changes in competition’, Journal of Financial Intermediation, 12: 57–95.
   Web of Science ®Google Scholar
• Berger, A.N. 1995. ‘The profit-structure relationship in banking - Tests of market-power and efficient-structure hypotheses’, Journal of Money, Credit and Banking, 27:404–431.
   Web of Science ®Google Scholar
• Berger, A.N. 1993. ‘Distribution-free estimates of efficiency in the U.S. banking industry and tests of the standard distributional assumptions’, Journal of Productivity Analysis, 4.
   Google Scholar
• Buchs, T. & Mathisen, J. 2005. Competition and efficiency in banking: Behavioral evidence from Ghana, IMF Working Paper, No. 05/17.
   Google Scholar
• Camanho, A. & Dyson, R.G. 2008. ‘A generalization of the Farrell cost efficiency measure applicable to non-fully competitive settings’, Omega, 36:147–162.
   Web of Science ®Google Scholar
• Casu, B. & Molyneux, P. 2003. ‘A comparative study of efficiency in European Banking’, Applied Economics, 35(17):1865–1876.
   Web of Science ®Google Scholar
• Chakrabarty, K.C. 2010. Financial inclusion and banks: Issues and perspectives, Reserve Bank of India.
   Google Scholar
• Charnes, A., Cooper, W.W. & Rhodes, E. 1978. ‘Measuring efficiency of decision making units’, European Journal of Operational Research, 2:429–444.
   Web of Science ®Google Scholar
• Das, A. & Ghosh, S. 2009. ‘Financial deregulation and profit efficiency: A non-parametric analysis of Indian banks’, Journal of Economic and Business, 61(6):509–528.
   Google Scholar
• Farrell, M.J. 1957. ‘The measurement of productive efficiency’, Journal of the Royal Statistical Society (A, general), 120: 253–281.
   Web of Science ®Google Scholar
• Fries, S. & Taci, A. 2005. ‘Cost efficiency of banks in transition: Evidence from 289 banks in 15 post-communist countries’, Journal of Banking and Finance, 291:55–81.
   Google Scholar
• Hannig, A. & Jansen, S. 2010. Financial inclusion and financial stability: Current policy issues, ADBI Working Paper 259. Tokyo: Asian Development Bank Institute.
   Google Scholar
• Hassan, K. & Sanchez, B. 2007. Efficiency determinants and dynamic efficiency changes in Latin American banking industries, Working Paper, No. 32, Indiana University: Networks Financial Institute.
   Google Scholar
• Hassan, M.K. 2006. ‘The X-efficiency in Islamic banks’, Islamic Economic Studies, 13(2), 49–78.
   Google Scholar
• Hauner, D. & Peiris, S. 2008. ‘Banking efficiency and competition in low income countries: The case of Uganda’, Applied Economics, 40:2703–2720.
   Web of Science ®Google Scholar
• Isik, I. & Hassan, M.K. 2002. ‘Cost and profit efficiency of the Turkish banking industry: An empirical investigation’, The Financial Review, 37:257–280.
   Google Scholar
• Jayaraman, A.R. & Srinivasan, M.R. 2014. ‘Performance evaluation of banks in India - A Shannon-DEA approach’, Eurasian Journal of Business and Economics 2014, 7(13):51-68
   Google Scholar
• Jemric, I. & Vujcic, B. 2002. ‘Efficiency of banks in Croatia: A DEA approach’, Comparative Economic Studies, 44(2-3-):169–193.
   Google Scholar
• Kablan, S. 2010. Banking efficiency and financial development in Sub-Saharan Africa, IMF Working Paper, No. WP/10/136.
   Google Scholar
• Karimazadeh, M. 2012. ‘Efficiency analysis by using data envelopment analysis model: Evidence from Indian banks’, International Journal, Latest Trends. Financial and Economic Science, 2(3):228–237.
   Google Scholar
• Liu, J.S., Lu, L.Y.Y., Lu, W. & Lin, B.J.Y. 2012. ‘Data envelopment analysis 1978-2010: A citation-based literature survey’, Omega, 41(1):3-15
   Web of Science ®Google Scholar
• Loukoianova, E. 2008. Analysis of the efficiency and profitability of the Japanese banking system’, IMF Working Paper, No. 08/63.
   Google Scholar
• Lovell, K.C.A. 1993. Production frontiers and productive efficiency, In: Fried, H.O., Knox Lovell, C.A. & Schmidt, S.S. (Eds). 1993. The measurement of productive efficiency: Techniques and applications, Oxford: Oxford University Press
   Google Scholar
• Maudos, J. & Pastor, J.M. 2003. ‘Cost and profit efficiency in the Spanish banking sector (19851996): A non-parametric approach’, Applied Financial Economics 13:1–12.
   Google Scholar
• Nigmonov, A. 2010. ‘Bank performance and efficiency in Uzbekistan’, Eurasian Journal of Business and Economics, 3:1–35.
   Google Scholar
• Noulas, A.G. 2001. ‘Deregulation and operating efficiency: The case of the Greek banks’, Managerial Finance, 27(8):35–47.
   Google Scholar
• Ong, T.S., Lim, Y.T. & The, B.H. 2011. ‘A comparison on efficiency of domestic and foreign banks in Malaysia: A DEA approach’, Business Management Dynamics, 1(4):33–49.
   Google Scholar
• Poghosyan, T. & Borovicka, J. 2007. Banking efficiency in emerging economies: The impact of ownership endogeneity and EU accession, CERGE-EI Discussion Paper, No. 189.
   Google Scholar
• Portela, M.C.A.S. & Thanassoulis, E. 2007. ‘Comparative efficiency analysis of Portuguese bank branches’, European Journal of Operational Research, 177:1275–1288.
   Web of Science ®Google Scholar
• Raina, D. & Sharma, S. 2013. ‘Measurement of level and determinants of cost efficiency among commercial banks in India’, IUP Bank Management, 12(2):17–30.
   Google Scholar
• Repkova, I. & Miglietti, A. C. 2014. ‘Cost and profit efficiency of the Slovak banking sector’. In: Stavarek, D & Vodova, A. P. Eds. Proceedings of the 14th international conference on finance and banking.
   Google Scholar
• Reserve Bank of Zimbabwe. Quarterly economic and statistical review, Various issues (20092016).
   Google Scholar
• Rezitis, A.N. 2006. ‘Productivity growth in the Greek banking industry: A non-parametric approach’, Journal of Applied Economics, 9(1):119–138.
   Web of Science ®Google Scholar
• Stavarek, D. & Repkova, I. 2012. ‘Efficiency in the Czech banking industry: A non-parametric approach’, Acta Universitatis Agriculturae Et Silviculturae Mendelianae Brunensis, 60(2):357–366.
   Google Scholar
• Titko, J. & Jureviciene, D. 2014. ‘DEA application at cross-country benchmarking: Latvian vs Lithuanian banking sector’, Procedia - Social and Behavioral Sciences, 110:1124–1135.
   Google Scholar
• Yildrimi, S. & Philippatos, G. 2003. Efficiency of banks: Recent evidence from the transition economics of Europe, 1993-2000, Mimeo. Knoxville: University of Tennessee.
   Google Scholar
• Zhu, J. 2002. Quantitative models for performance evaluation and benchmarking: Data envelopment analysis with spreadsheets, Boston: Kluwer Academic Publishers.
   Google Scholar