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dc.contributor.authorAdjei-Frimpong, Kofien
dc.contributor.authorGan, C.en
dc.contributor.authorYing, L.en
dc.contributor.authorHu, Baidingen
dc.contributor.authorCohen, David A.en
dc.date.accessioned2016-10-26T21:04:26Z
dc.date.issued2015en
dc.identifier.citationAdjei-Frimpong, K.; Gan, C.; Ying, L.; Hu, B.; Cohen, D. (2015). Efficiency and productivity change in the banking industry: Empirical evidence from New Zealand banks. Investment Management and Financial Innovations, 12(1), 19-25.en
dc.identifier.issn1810-4967en
dc.identifier.urihttps://hdl.handle.net/10182/7525
dc.description.abstractThis paper examines the New Zealand banking industry's efficiency and productivity changes during the period of 2007-2011, a period dominated by the US subprime mortgage crisis. Data envelopment analysis (DEA) is used to identify the technical efficiency frontier (static in nature). The DEA-based Malmquist productivity index is used to further analyze the Malmquist components to account for dynamic shifts in the efficiency frontier. Findings indicate that New Zealand retail banks generally have high levels of efficiency. This suggests that the banks wasted relatively less of their input resources over the period under study. In addition, the results suggest that a large part of overall technical inefficiency of retail banks could be attributed to scale inefficiency rather than pure technical inefficiency. Furthermore, the results indicate that New Zealand banks experienced a modest productivity growth rate over the 2007 to 2011 period. This increase is mainly attributed to technological progress, since the average efficiency change declined, thus generating a negative impact on the total productivity growth. This decline appeared to be a result of the decreasing rate in both scale efficiency change and pure technical efficiency change. © Kofi Adjei-Frimpong, Christopher Gan, Liu Ying, Baiding Hu, David Cohen, 2015.en
dc.format.extent19-25en
dc.language.isoenen
dc.publisherLLC “CPC “Business Perspectivesen
dc.relationThe original publication is available from - LLC “CPC “Business Perspectives - http://businessperspectives.org/component/option,com_journals/task,issue/id,297/jid,4/Itemid,74/en
dc.rightsCopyright © Kofi Adjei-Frimpong, Christopher Gan, Liu Ying, Baiding Hu, David Cohen, 2015.en
dc.subjectefficiencyen
dc.subjectproductivityen
dc.subjectbanksen
dc.subjectNew Zealanden
dc.titleEfficiency and productivity change in the banking industry: Empirical evidence from New Zealand banksen
dc.typeJournal Article
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Agribusiness and Commerceen
lu.contributor.unitDepartment of Agribusiness and Marketsen
lu.contributor.unitDepartment of Financial and Business Systemsen
lu.contributor.unitDepartment of Global Value Chains and Tradeen
dc.relation.isPartOfInvestment Management and Financial Innovationsen
pubs.issue1en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/AGMK
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/FABS
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/GVCT
pubs.organisational-group/LU/Research Management Office
pubs.organisational-group/LU/Research Management Office/PE20
pubs.organisational-group/LU/Research Management Office/QE18
pubs.publication-statusPublisheden
pubs.publisher-urlhttp://businessperspectives.org/component/option,com_journals/task,issue/id,297/jid,4/Itemid,74/en
pubs.volume12en
dc.identifier.eissn1812-9358en
lu.identifier.orcid0000-0001-9323-6984
lu.identifier.orcid0000-0002-5618-1651
lu.identifier.orcid0000-0002-0991-1375


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