
Book Description
This digital document is an article from ASEAN Economic Bulletin, published by Institute of Southeast Asian Studies (ISEAS) on December 1, 2003. The length of the article is 9288 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.From the author: Although considerable effort has been invested in the measurement of financial institution efficiency, hardly any empirical research has focussed on the properties and consistency of efficiency rankings derived from the data envelopment analysis (DEA) methodology. Following the seminal work of Bauer, Berger, Ferrier, and Humphrey (1997), this paper employs data on Singaporean banking for the period 1993 to 1999 to develop efficiency scores and rankings for Singapore banks. It then invokes the five consistency conditions developed by Bauer et al. (1997) to examine these scores and rankings. Our approach allows researchers to experiment with different models and select the most appropriate model for policy purposes.Citation Details
Title: Measuring the technical efficiency of banks in Singapore for the period 1993-99: an application and extension of the Bauer et al. (1997) technique.
Author: Wai Ho Leong
Publication: ASEAN Economic Bulletin (Refereed)
Date: December 1, 2003
Publisher: Institute of Southeast Asian Studies (ISEAS)
Volume: 20 Issue: 3 Page: 195(16)Distributed by Thompson Gale
Excerpt. © Reprinted by permission. All rights reserved.
I. Introduction
Over the past two decades, the measurement of financial institution efficiency using non-parametric frontier models has received considerable attention. However, while the literature on the application of data envelopment analysis (DEA) to the area of bank efficiency measurement is burgeoning, research on the salient properties of efficiency scores as a tool of policy is comparatively rare. The paucity of empirical research in this key area seems perplexing, especially when one recognizes that policy-makers need accurate assessments about the effects of their decisions on the institutions they supervise.