Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267555 
Year of Publication: 
2018
Citation: 
[Journal:] Baltic Journal of Economics [ISSN:] 2334-4385 [Volume:] 18 [Issue:] 1 [Publisher:] Taylor & Francis [Place:] London [Year:] 2018 [Pages:] 1-24
Publisher: 
Taylor & Francis, London
Abstract: 
The main objective of this study is to analyse the evolution of banking efficiency in the Baltic countries after their accession to the EU and during the financial crisis, and to check whether there are significant differences between these countries as a consequence of their particular characteristics. To that end, we have estimated the evolution of cost and profit efficiency in the Baltic countries in the context of the enlarged EU during the period 2000-2013 using Bayesian stochastic frontier models. Our results show the greater robustness of Estonian banking in terms of profits during the financial crisis in comparison to their neighbours. Additionally, Baltic banking has recovered its profit efficiencies very quickly after the financial crisis. However, cost efficiency is still at low levels in line with the other European countries.
Subjects: 
Banking efficiency
economic crisis
stochastic frontier models
Bayesian inference
JEL: 
G14
G21
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.