Please use this identifier to cite or link to this item: http://hdl.handle.net/11455/23244
標題: 澳洲商業銀行效率分析之實證研究
An Empirical Study on the Efficiency Analysis of the Australian Commercial Banks
作者: 林佳蓉
Lin, Chia-Jung
關鍵字: performance;績效;commercial bank;Data Envelopment Analysis (DEA);Malmquist productivity indexes (MPI);efficiency;商業銀行;資料包絡法(DEA);麥氏生產力指數法(MPI);效率
出版社: 財務金融系所
引用: Ataullah, A. and Le, H. (2006), “Economic Reforms and Bank Efficiency in Developing countries: The Case of The Indian Banking Industry,” Applied Financial Economics, 16, 653-663. Ataullah, A., Cockerill, T. and Le, H. (2004), “Financial Liberalization and Bank Efficiency: A Comparative Analysis of India and Pakistan,” Applied Economics, 36, 1915-1924. Avkiran, N. K. (1999), “The Evidence on Efficiency Gains: The Role of Mergers and the Benefits to the Public,” Journal of Banking and Finance, 23, 991-1013. Avkiran, N. K. (2000), “Rising Productivity of Australian Trading Banks Under Deregulation 1986-1995,” Journal of Economics and Finance, 24, 122-140. Banker, R. D., Charnes, A. and Cooper, W. W. (1984), “Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis,” Management Science, 30, 1078-1092. Casu, B. and Molyneux, P. (2003), “A Comparative Study of Efficiency in European Banking,” Applied Economics, 35, 1865-1876. Caves, D., Christensen L. and Diewent W. E. (1982), “The Economic Theory of Index Numbers and the Measurement of Input, Output and Productivity,” Econometric, 50, 1393-1414. Charnes, A., Cooper, W. W. and Rhodes, E. (1978), “Measuring the Efficiency of Decision Making Units,” European Journal of Operational Research, 2, 429-444. Chen, X., Skully, M. and Brown, K. (2005), “Banking Efficiency in China: Application of DEA to Pre- and Post-Deregulation Eras: 1993-2000,” China Economic Review, 16, 229-245. Chen, Y., Sun, L. and Peng, C. (2005), “Commercial Banks' Performance in Taiwan,” Int. J. Business Performance Management, 7, 444-463. Coelli, T. (1996), A Guide to DEAP Version 2.1: A Data Envelopment Analysis (Computer) Program. CEPA Working Paper 96/98, Department of Econometrics, University of New England, Armidale. Farrell, M. J. (1957), “The Measurement of Productive Efficiency,” Journal of the Royal Statistical Society, Series A, 120, 253-281. Havrylchyk, O. (2006), “Efficiency of the Polish Banking Industry: Foreign Versus Domestic Banks,” Journal of Banking and Finance, 30, 1975-1996. Isik, I. and Hassan, M. K. (2003), “Financial Deregulation and Total Factor Productivity Change: An Empirical Study of Turkish Commercial Banks,” Journal of Banking and Finance, 27, 1455-1485. Jemric, I. and Vujcic, B. (2004), “Efficiency of Banks in Croatia: A DEA Approach,” Comparative Economic Studies, 44, 169-193. Kirkwood, J. and Nahm, D. (2006), “Australian Banking Efficiency and Its Relation to Stock Returns,” The Economic Record, 82, 253-267. Lim, G. H. and Randhawa, D. S. (2005),” Competition, Liberalization and Efficiency: Evidence from a Two-Stage Banking Model on Banks in Hong Kong and Singapore,” Managerial Finance, 31, 52-77. Neal, P. (2004), “X-Efficiency and Productivity Change in Australian Banking,” Australian Economic Papers, 43, 174-191. Ozkan-Gunay, E. N. and Tektas, A. (2006), “Efficiency Analysis of the Turkish Banking Sector in Precrisis and Crisis Period: A DEA Approach,” Contemporary Economic Policy, 24, 418-431. Wallis Inquiry Report (1997), “The financial System Inquiry Final Report.,” AGPS, Canberra. Sathye, M. (2001), “X-Efficiency in Australian Banking: An Empirical Investigation,” Journal of Banking and Finance, 25, 613-630. Sathye, M. (2002), “Measuring Productivity Changes in Australian Banking: An Application of Malmquist Indices,” Managerial Finance, 28, 48-59. Sturm, J. and Williams, B. (2004), “Foreign Bank Entry, Deregulation and Bank Efficiency: Lessons from the Australian Experience,” Journal of Banking and Finance, 28, 1775-1799.
摘要: 
為了跟上金融自由化的潮流,許多國家開始對金融業解除管制。然而,在一波解除管制的浪潮中,如何確保金融系統的安全性及金融市場的健全性才是首要的問題。本文使用資料包絡法(DEA)及麥氏生產力指數法(MPI)來研究9家澳洲國內商業銀行的績效在金融監管體系健全後是否有得到改善。我們發現一直到2000年,整體技術效率持續下降,但是在後幾年有逐漸回復的趨勢。在2001年到2004年這段金融改革後的期間,發現澳洲銀行的整體技術效率比美國銀行的表現來得佳。結果也指出整體技術無效率主要是來自於規模無效率。在生產力指數分析中,我們發現生產力平均每年小幅上升0.1%,這個成長主要來自於生產技術變動的增加。另一方面,我們也發現資產報酬率(ROA)是一個正面影響澳洲銀行績效的重要因素。

To keep pace with the trend of globalization, many countries commence to deregulate the financial industry. However, how to ensure financial system safety and market integrity under deregulation is essential work for any country. This paper studies whether the performance of 9 Australian domestically owned commercial banks improves after taking financial supervision into account in 1998 using Data Envelopment Analysis (DEA) and Malmquist productivity indexes (MPI). We find overall technical efficiency fell up to 2000, but recovered gradually thereafter. To compare with American banks, Australian banks had better average overall technical efficiency for the 2001-2004 post-financial reforms period. The results represent the overall technical inefficiency mainly was due to the scale inefficiency. In addition, the mean total factor productivity rose slightly by 0.1 percent per year and this increase could be traced to a positive technological change. On the other hand, we also find return on assets (ROA) is an important financial factor affecting positively the performance of Australian banks.
URI: http://hdl.handle.net/11455/23244
其他識別: U0005-0307200717115800
Appears in Collections:財務金融學系所

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