Analysis of the Efficiency of the Brazilian Banking Sector: Boarding of the Random Border of Cost

Detalhes bibliográficos
Autor(a) principal: Tarcio Lopes da Silva
Data de Publicação: 2001
Tipo de documento: Dissertação
Idioma: por
Título da fonte: Biblioteca Digital de Teses e Dissertações da UFC
Texto Completo: http://www.teses.ufc.br/tde_busca/arquivo.php?codArquivo=1922
Resumo: The purpose for this essay is to look into the Brazilian banking systemâs X-efficiencyâs properties in the post-Real Plan period by investigating its relationship with each bankâs specific financial and organisational aspects. Furthermore, to analyse their average cost reduction possibilities by contrasting scale economy estimates for different sized banking institutions. For that purpose, a stochastic frontier model was adopted so as to devise a translog cost function for a pool of 59 banks all with R$ 1 billion or more in assets. Evidence shows instability in the sectorâs efficiency, stemming mostly from the public state banksâ status, which are the least efficient ones. On the other hand, the two largest federal institutions display efficiency ratings comparable to their private counterparts. However, those controlled by foreign institutions or consortiums boast higher and more stable efficiency rates although when compared to the national private banks only said differences are somewhat reduced. Finally, evidence of unexplored scale economy for companies of all sizes were found, suggesting the possibility of unit cost reductions in the sector.
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spelling info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisAnalysis of the Efficiency of the Brazilian Banking Sector: Boarding of the Random Border of CostAnÃlise da EficiÃncia do Setor BancÃrio Brasileiro: Abordagem da Fronteira EstocÃstica de Custo2001-06-14Paulo de Melo Jorge Neto35625660344http://lattes.cnpq.br/7568927888412924Emerson LuÃs Lemos Marinho0730341631500000000180http://lattes.cnpq.br/2916007976545326Tarcio Lopes da SilvaUniversidade Federal do CearÃPrograma de PÃs-GraduaÃÃo em Economia - CAENUFCBRECONOMIAThe purpose for this essay is to look into the Brazilian banking systemâs X-efficiencyâs properties in the post-Real Plan period by investigating its relationship with each bankâs specific financial and organisational aspects. Furthermore, to analyse their average cost reduction possibilities by contrasting scale economy estimates for different sized banking institutions. For that purpose, a stochastic frontier model was adopted so as to devise a translog cost function for a pool of 59 banks all with R$ 1 billion or more in assets. Evidence shows instability in the sectorâs efficiency, stemming mostly from the public state banksâ status, which are the least efficient ones. On the other hand, the two largest federal institutions display efficiency ratings comparable to their private counterparts. However, those controlled by foreign institutions or consortiums boast higher and more stable efficiency rates although when compared to the national private banks only said differences are somewhat reduced. Finally, evidence of unexplored scale economy for companies of all sizes were found, suggesting the possibility of unit cost reductions in the sector.Este trabalho examina as propriedades da X-eficiÃncia do sistema bancÃrio brasileiro no perÃodo posterior ao Plano Real, investigando sua relaÃÃo com aspectos organizacionais e financeiros especÃficos de cada banco. Adicionalmente, analisa a possibilidade de reduÃÃo de seus custos mÃdios, verificando as estimativas de economias de escala para instituiÃÃes de tamanhos diversos. Com esse objetivo, adotou-se um modelo de fronteira estocÃstica para estimar uma funÃÃo de custo translog para uma amostra de 59 bancos com ativos acima de 1 bilhÃo de Reais. As evidÃncias mostraram uma instabilidade na eficiÃncia do setor decorrente principalmente da situaÃÃo dos bancos pÃblicos estaduais, os mais ineficientes. As duas grandes instituiÃÃes federais, entretanto, apresentaram Ãndices compatÃveis com similares da iniciativa privada. Os bancos de controle estrangeiro, por outro lado, apresentaram Ãndices de eficiÃncia mais estÃveis e maiores em relaÃÃo aos nacionais, embora quando comparado apenas aos nacionais privados essa diferenÃa se reduza um pouco. Finalmente, encontrou-se indÃcios de economias de escala nÃo exploradas para firmas de todos os portes, indicando a possibilidade de reduÃÃo dos custos unitÃrios no setor.CoordenaÃÃo de AperfeiÃoamento de Pessoal de NÃvel Superiorhttp://www.teses.ufc.br/tde_busca/arquivo.php?codArquivo=1922application/pdfinfo:eu-repo/semantics/openAccessporreponame:Biblioteca Digital de Teses e Dissertações da UFCinstname:Universidade Federal do Cearáinstacron:UFC2019-01-21T11:15:02Zmail@mail.com -
dc.title.en.fl_str_mv Analysis of the Efficiency of the Brazilian Banking Sector: Boarding of the Random Border of Cost
dc.title.alternative.pt.fl_str_mv AnÃlise da EficiÃncia do Setor BancÃrio Brasileiro: Abordagem da Fronteira EstocÃstica de Custo
title Analysis of the Efficiency of the Brazilian Banking Sector: Boarding of the Random Border of Cost
spellingShingle Analysis of the Efficiency of the Brazilian Banking Sector: Boarding of the Random Border of Cost
Tarcio Lopes da Silva
ECONOMIA
title_short Analysis of the Efficiency of the Brazilian Banking Sector: Boarding of the Random Border of Cost
title_full Analysis of the Efficiency of the Brazilian Banking Sector: Boarding of the Random Border of Cost
title_fullStr Analysis of the Efficiency of the Brazilian Banking Sector: Boarding of the Random Border of Cost
title_full_unstemmed Analysis of the Efficiency of the Brazilian Banking Sector: Boarding of the Random Border of Cost
title_sort Analysis of the Efficiency of the Brazilian Banking Sector: Boarding of the Random Border of Cost
author Tarcio Lopes da Silva
author_facet Tarcio Lopes da Silva
author_role author
dc.contributor.advisor1.fl_str_mv Paulo de Melo Jorge Neto
dc.contributor.advisor1ID.fl_str_mv 35625660344
dc.contributor.advisor1Lattes.fl_str_mv http://lattes.cnpq.br/7568927888412924
dc.contributor.referee1.fl_str_mv Emerson LuÃs Lemos Marinho
dc.contributor.referee1ID.fl_str_mv 07303416315
dc.contributor.authorID.fl_str_mv 00000000180
dc.contributor.authorLattes.fl_str_mv http://lattes.cnpq.br/2916007976545326
dc.contributor.author.fl_str_mv Tarcio Lopes da Silva
contributor_str_mv Paulo de Melo Jorge Neto
Emerson LuÃs Lemos Marinho
dc.subject.cnpq.fl_str_mv ECONOMIA
topic ECONOMIA
dc.description.sponsorship.fl_txt_mv CoordenaÃÃo de AperfeiÃoamento de Pessoal de NÃvel Superior
dc.description.abstract.por.fl_txt_mv The purpose for this essay is to look into the Brazilian banking systemâs X-efficiencyâs properties in the post-Real Plan period by investigating its relationship with each bankâs specific financial and organisational aspects. Furthermore, to analyse their average cost reduction possibilities by contrasting scale economy estimates for different sized banking institutions. For that purpose, a stochastic frontier model was adopted so as to devise a translog cost function for a pool of 59 banks all with R$ 1 billion or more in assets. Evidence shows instability in the sectorâs efficiency, stemming mostly from the public state banksâ status, which are the least efficient ones. On the other hand, the two largest federal institutions display efficiency ratings comparable to their private counterparts. However, those controlled by foreign institutions or consortiums boast higher and more stable efficiency rates although when compared to the national private banks only said differences are somewhat reduced. Finally, evidence of unexplored scale economy for companies of all sizes were found, suggesting the possibility of unit cost reductions in the sector.
Este trabalho examina as propriedades da X-eficiÃncia do sistema bancÃrio brasileiro no perÃodo posterior ao Plano Real, investigando sua relaÃÃo com aspectos organizacionais e financeiros especÃficos de cada banco. Adicionalmente, analisa a possibilidade de reduÃÃo de seus custos mÃdios, verificando as estimativas de economias de escala para instituiÃÃes de tamanhos diversos. Com esse objetivo, adotou-se um modelo de fronteira estocÃstica para estimar uma funÃÃo de custo translog para uma amostra de 59 bancos com ativos acima de 1 bilhÃo de Reais. As evidÃncias mostraram uma instabilidade na eficiÃncia do setor decorrente principalmente da situaÃÃo dos bancos pÃblicos estaduais, os mais ineficientes. As duas grandes instituiÃÃes federais, entretanto, apresentaram Ãndices compatÃveis com similares da iniciativa privada. Os bancos de controle estrangeiro, por outro lado, apresentaram Ãndices de eficiÃncia mais estÃveis e maiores em relaÃÃo aos nacionais, embora quando comparado apenas aos nacionais privados essa diferenÃa se reduza um pouco. Finalmente, encontrou-se indÃcios de economias de escala nÃo exploradas para firmas de todos os portes, indicando a possibilidade de reduÃÃo dos custos unitÃrios no setor.
description The purpose for this essay is to look into the Brazilian banking systemâs X-efficiencyâs properties in the post-Real Plan period by investigating its relationship with each bankâs specific financial and organisational aspects. Furthermore, to analyse their average cost reduction possibilities by contrasting scale economy estimates for different sized banking institutions. For that purpose, a stochastic frontier model was adopted so as to devise a translog cost function for a pool of 59 banks all with R$ 1 billion or more in assets. Evidence shows instability in the sectorâs efficiency, stemming mostly from the public state banksâ status, which are the least efficient ones. On the other hand, the two largest federal institutions display efficiency ratings comparable to their private counterparts. However, those controlled by foreign institutions or consortiums boast higher and more stable efficiency rates although when compared to the national private banks only said differences are somewhat reduced. Finally, evidence of unexplored scale economy for companies of all sizes were found, suggesting the possibility of unit cost reductions in the sector.
publishDate 2001
dc.date.issued.fl_str_mv 2001-06-14
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
status_str publishedVersion
format masterThesis
dc.identifier.uri.fl_str_mv http://www.teses.ufc.br/tde_busca/arquivo.php?codArquivo=1922
url http://www.teses.ufc.br/tde_busca/arquivo.php?codArquivo=1922
dc.language.iso.fl_str_mv por
language por
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade Federal do CearÃ
dc.publisher.program.fl_str_mv Programa de PÃs-GraduaÃÃo em Economia - CAEN
dc.publisher.initials.fl_str_mv UFC
dc.publisher.country.fl_str_mv BR
publisher.none.fl_str_mv Universidade Federal do CearÃ
dc.source.none.fl_str_mv reponame:Biblioteca Digital de Teses e Dissertações da UFC
instname:Universidade Federal do Ceará
instacron:UFC
reponame_str Biblioteca Digital de Teses e Dissertações da UFC
collection Biblioteca Digital de Teses e Dissertações da UFC
instname_str Universidade Federal do Ceará
instacron_str UFC
institution UFC
repository.name.fl_str_mv -
repository.mail.fl_str_mv mail@mail.com
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