The club convergence of efficiency in ASEAN banking sector

The study examines the internal financial structure of ASEAN banking and its efficiency. In doing so, it concentrates on the characteristics of banking sector efficiency and practises within the ASEAN countries banking sectors by using Phillips and Sul (2007a, 2007b and 2007c) approach. Firstly, by...

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Main Authors: Awang Marikan, Dayang Affizah, Abdul Rahim, Rossazana, Habibullah, Muzafar Shah, Rahman, Md. Mahbubur
Format: Article
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2018
Online Access:http://psasir.upm.edu.my/id/eprint/65311/
http://psasir.upm.edu.my/id/eprint/65311/1/1%29%20The%20Club%20Convergence%20of%20Efficiency%20in%20ASEAN%20Banking.pdf
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author Awang Marikan, Dayang Affizah
Abdul Rahim, Rossazana
Habibullah, Muzafar Shah
Rahman, Md. Mahbubur
author_facet Awang Marikan, Dayang Affizah
Abdul Rahim, Rossazana
Habibullah, Muzafar Shah
Rahman, Md. Mahbubur
author_sort Awang Marikan, Dayang Affizah
building UPM Institutional Repository
collection Online Access
description The study examines the internal financial structure of ASEAN banking and its efficiency. In doing so, it concentrates on the characteristics of banking sector efficiency and practises within the ASEAN countries banking sectors by using Phillips and Sul (2007a, 2007b and 2007c) approach. Firstly, by applying non-parametric Data Envelopment Analysis (Simar and Wilson, 2007) technique, it considers the technical efficiency of ASEAN banks. The outcome confirms that, at the aggregate level, the ASEAN banking markets are diverging. Further investigation indicates comparatively weak convergence between banking sector of ASEAN though there is still potential of catching up process between them. It can be concluded that ASEAN countries are inter-related and most of the banks are catching up within the different club and different degree of convergence. In terms of efficiency, the results show that at aggregate level, the ASEAN countries are competitive among each other acknowledged by the identification of 3 convergence clubs. The study is able to gain an insight overview regarding ASEAN banking efficiency and its ability to catch up between member countries. These could lead to a successful financial integration, fullfiling the objective to create a potential single currency within ASEAN countries in the near future.
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spelling upm-653112018-10-05T07:30:37Z http://psasir.upm.edu.my/id/eprint/65311/ The club convergence of efficiency in ASEAN banking sector Awang Marikan, Dayang Affizah Abdul Rahim, Rossazana Habibullah, Muzafar Shah Rahman, Md. Mahbubur The study examines the internal financial structure of ASEAN banking and its efficiency. In doing so, it concentrates on the characteristics of banking sector efficiency and practises within the ASEAN countries banking sectors by using Phillips and Sul (2007a, 2007b and 2007c) approach. Firstly, by applying non-parametric Data Envelopment Analysis (Simar and Wilson, 2007) technique, it considers the technical efficiency of ASEAN banks. The outcome confirms that, at the aggregate level, the ASEAN banking markets are diverging. Further investigation indicates comparatively weak convergence between banking sector of ASEAN though there is still potential of catching up process between them. It can be concluded that ASEAN countries are inter-related and most of the banks are catching up within the different club and different degree of convergence. In terms of efficiency, the results show that at aggregate level, the ASEAN countries are competitive among each other acknowledged by the identification of 3 convergence clubs. The study is able to gain an insight overview regarding ASEAN banking efficiency and its ability to catch up between member countries. These could lead to a successful financial integration, fullfiling the objective to create a potential single currency within ASEAN countries in the near future. Faculty of Economics and Management, Universiti Putra Malaysia 2018 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/65311/1/1%29%20The%20Club%20Convergence%20of%20Efficiency%20in%20ASEAN%20Banking.pdf Awang Marikan, Dayang Affizah and Abdul Rahim, Rossazana and Habibullah, Muzafar Shah and Rahman, Md. Mahbubur (2018) The club convergence of efficiency in ASEAN banking sector. International Journal of Economics and Management, 12 (1). pp. 1-31. ISSN 1823-836X; ESSN: 2600-9390 http://www.ijem.upm.edu.my/vol12no1/1)%20The%20Club%20Convergence%20of%20Efficiency%20in%20ASEAN%20Banking.pdf
spellingShingle Awang Marikan, Dayang Affizah
Abdul Rahim, Rossazana
Habibullah, Muzafar Shah
Rahman, Md. Mahbubur
The club convergence of efficiency in ASEAN banking sector
title The club convergence of efficiency in ASEAN banking sector
title_full The club convergence of efficiency in ASEAN banking sector
title_fullStr The club convergence of efficiency in ASEAN banking sector
title_full_unstemmed The club convergence of efficiency in ASEAN banking sector
title_short The club convergence of efficiency in ASEAN banking sector
title_sort club convergence of efficiency in asean banking sector
url http://psasir.upm.edu.my/id/eprint/65311/
http://psasir.upm.edu.my/id/eprint/65311/
http://psasir.upm.edu.my/id/eprint/65311/1/1%29%20The%20Club%20Convergence%20of%20Efficiency%20in%20ASEAN%20Banking.pdf