Are private banks more efficient than public banks? Evidence from Russia
- Author
- Alexei Karas, Koen Schoors (UGent) and Laurent Weill
- Organization
- Abstract
- We study whether bank efficiency is related to bank ownership in Russia. We find that foreign banks are more efficient than domestic private banks and, surprisingly, that domestic private banks are not more efficient than domestic public banks. These results are not driven by the choice of production process, the bank’s environment, management’s risk preferences, the bank’s activity mix or size, the econometric approach, or the introduction of deposit insurance. The policy conclusion is that the efficiency of the Russian banking system may benefit more from increased levels of competition and greater access of foreign banks than from bank privatization.
- Keywords
- Bank efficiency, state ownership, Russia, foreign ownership, cerise
Downloads
-
(...).pdf
- full text
- |
- UGent only
- |
- |
- 347.07 KB
Citation
Please use this url to cite or link to this publication: http://hdl.handle.net/1854/LU-801701
- MLA
- Karas, Alexei, et al. “Are Private Banks More Efficient than Public Banks? Evidence from Russia.” Economics of Transition, vol. 18, no. 1, Blackwell, 2010, pp. 209–44, doi:10.1111/j.1468-0351.2009.00364.x.
- APA
- Karas, A., Schoors, K., & Weill, L. (2010). Are private banks more efficient than public banks? Evidence from Russia. Economics of Transition, 18(1), 209–244. https://doi.org/10.1111/j.1468-0351.2009.00364.x
- Chicago author-date
- Karas, Alexei, Koen Schoors, and Laurent Weill. 2010. “Are Private Banks More Efficient than Public Banks? Evidence from Russia.” Economics of Transition 18 (1): 209–44. https://doi.org/10.1111/j.1468-0351.2009.00364.x.
- Chicago author-date (all authors)
- Karas, Alexei, Koen Schoors, and Laurent Weill. 2010. “Are Private Banks More Efficient than Public Banks? Evidence from Russia.” Economics of Transition 18 (1): 209–244. doi:10.1111/j.1468-0351.2009.00364.x.
- Vancouver
- 1.Karas A, Schoors K, Weill L. Are private banks more efficient than public banks? Evidence from Russia. Economics of Transition. 2010;18(1):209–44.
- IEEE
- [1]A. Karas, K. Schoors, and L. Weill, “Are private banks more efficient than public banks? Evidence from Russia,” Economics of Transition, vol. 18, no. 1, pp. 209–244, 2010.
@article{801701,
abstract = {{We study whether bank efficiency is related to bank ownership in Russia. We find that foreign banks are more efficient than domestic private banks and, surprisingly, that domestic private banks are not more efficient than domestic public banks. These results are not driven by the choice of production process, the bank’s environment, management’s risk preferences, the bank’s activity mix or size, the econometric approach, or the introduction of deposit insurance. The policy conclusion is that the efficiency of the Russian banking system may benefit more from increased levels of competition and greater access of foreign banks
than from bank privatization.}},
author = {{Karas, Alexei and Schoors, Koen and Weill, Laurent}},
issn = {{0967-0750}},
journal = {{Economics of Transition}},
keywords = {{Bank efficiency,state ownership,Russia,foreign ownership,cerise}},
language = {{eng}},
number = {{1}},
pages = {{209--244}},
publisher = {{Blackwell}},
title = {{Are private banks more efficient than public banks? Evidence from Russia}},
url = {{http://doi.org/10.1111/j.1468-0351.2009.00364.x}},
volume = {{18}},
year = {{2010}},
}
- Altmetric
- View in Altmetric
- Web of Science
- Times cited: