A performance assessment of Mozambique banks: a Bayesian stochastic frontier

Autor: Carlos Pestana Barros, Dercio Mandlaze, Luis A. Gil-Alana
Rok vydání: 2017
Předmět:
Zdroj: Applied Economics. 49:4579-4587
ISSN: 1466-4283
0003-6846
DOI: 10.1080/00036846.2017.1287857
Popis: This article analyses the technical efficiency of Mozambican banks from 2005 to 2014 with a Bayesian stochastic frontier model. The intermediate approach is adopted and the results reveal that efficiency varies amongst the banks analysed. Foreign ownership of Mozambican banks is also analysed, as is public ownership, the role of mergers and acquisitions, big banks and active dividend policy within the context of bank costs. Policy implications are then derived.
Databáze: OpenAIRE
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