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Bank Privatization and Productivity
Márcio Issao Nakane
Daniela B. Weintraub
其他書名
Evidence for Brazil
出版
World Bank Publications
, 2005
URL
http://books.google.com.hk/books?id=Oin2Aht596gC&hl=&source=gbs_api
EBook
SAMPLE
註釋
Over the past decade, the Brazilian banking industry has undergone major and deep transformations with several privatizations of state-owned banks, mergers and acquisitions, closing down of troubled banks, entry by foreign banks, and so on. The purpose of this paper is to evaluate the impacts of these changes in banking on total factor productivity. The authors first obtain measures of bank level productivity by employing the techniques due to Levinsohn and Petrin (2003). They then relate such measures to a set of bank characteristics. Their main results indicate that state-owned banks are less productive than their private peers, and that privatization has increased productivity.