Ownership, competition, and bank productivity: An analysis of Indian banking in the post-reform period
| Autor: | Paroma Sanyal, Rashmi Shankar |
|---|---|
| Rok vydání: | 2011 |
| Předmět: |
Saving and Capital Investment
Economics and Econometrics Cost Economic policy Monetary economics Financing Policy Financial Risk and Risk Management Capital Total Factor and Multifactor Productivity Competition (economics) Banks Private bank Economics Production Pricing and Market Structure Production (economics) Size Distribution of Firms L110 Productivity Financial Markets [Economic Development] Mortgages G210 Capital and Ownership Structure G320 Production Other Depository Institutions Corporate Finance and Governance O160 Micro Finance Institutions Productivity gap Capacity D240 Finance |
| Zdroj: | International Review of Economics & Finance. 20:225-247 |
| ISSN: | 1059-0560 |
| DOI: | 10.1016/j.iref.2010.05.002 |
| Popis: | This paper investigates the effect of ownership and competition on Indian bank productivity since the 1991 reforms. We find that Indian private banks dominate the public and foreign banks both in terms of productivity levels and productivity growth, with the new Indian private banks leading the charge. Competition has a positive impact on productivity for the old Indian private banks, and all the other banks are hurt by competition — the worst hit being new Indian private banks. A similar picture emerges on the productivity growth side, with the new Indian private bank productivity growth being the worst affected as competition increases. An analysis of the pre- and post-1998 periods shows that the latter period displays a much higher productivity gap between the Indian private banks and the public and foreign banks. Indian private bank productivity and productivity growth suffer due to increasing competition in the post-1998 period. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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