Is there a link between X-efficiencies and the performance of listed banks in China?

This paper explores the determinants of performance in Chinese banking sector, particularly the effect of cost X-efficiency, for forty-one listed banks over the period 2009-2014. The Stochastic Frontier Approach (SFA) is employed to estimate the X-efficiency while the Generalized Method of Moments (...

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Main Author: Zhang, Chuchu
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2016
Subjects:
Online Access:https://eprints.nottingham.ac.uk/36567/
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author Zhang, Chuchu
author_facet Zhang, Chuchu
author_sort Zhang, Chuchu
building Nottingham Research Data Repository
collection Online Access
description This paper explores the determinants of performance in Chinese banking sector, particularly the effect of cost X-efficiency, for forty-one listed banks over the period 2009-2014. The Stochastic Frontier Approach (SFA) is employed to estimate the X-efficiency while the Generalized Method of Moments (GMM) is used to assess determinants of bank performance in China. The results show the cost X-efficiency has downward trend with the average value of 0.513, which can be affected positively by higher cost of borrowed funds, more gross loans, more off balance sheet items, and more other earning assets. It is significantly and positively related to the bank profitability. Apart from this, higher profitability is also associated with the higher capital adequacy and lower credit risk inside the bank, and higher GDP growth rate, higher unemployment rate and lower inflation rate in the macroeconomic environment.
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spelling nottingham-365672017-10-19T16:59:42Z https://eprints.nottingham.ac.uk/36567/ Is there a link between X-efficiencies and the performance of listed banks in China? Zhang, Chuchu This paper explores the determinants of performance in Chinese banking sector, particularly the effect of cost X-efficiency, for forty-one listed banks over the period 2009-2014. The Stochastic Frontier Approach (SFA) is employed to estimate the X-efficiency while the Generalized Method of Moments (GMM) is used to assess determinants of bank performance in China. The results show the cost X-efficiency has downward trend with the average value of 0.513, which can be affected positively by higher cost of borrowed funds, more gross loans, more off balance sheet items, and more other earning assets. It is significantly and positively related to the bank profitability. Apart from this, higher profitability is also associated with the higher capital adequacy and lower credit risk inside the bank, and higher GDP growth rate, higher unemployment rate and lower inflation rate in the macroeconomic environment. 2016-09-13 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/36567/1/final.pdf Zhang, Chuchu (2016) Is there a link between X-efficiencies and the performance of listed banks in China? [Dissertation (University of Nottingham only)] X-efficiency Bank performance China
spellingShingle X-efficiency
Bank performance
China
Zhang, Chuchu
Is there a link between X-efficiencies and the performance of listed banks in China?
title Is there a link between X-efficiencies and the performance of listed banks in China?
title_full Is there a link between X-efficiencies and the performance of listed banks in China?
title_fullStr Is there a link between X-efficiencies and the performance of listed banks in China?
title_full_unstemmed Is there a link between X-efficiencies and the performance of listed banks in China?
title_short Is there a link between X-efficiencies and the performance of listed banks in China?
title_sort is there a link between x-efficiencies and the performance of listed banks in china?
topic X-efficiency
Bank performance
China
url https://eprints.nottingham.ac.uk/36567/