Bank Privatization and Productivity: Evidence for Brazil

By M. Nakane, Daniel Weintraub. 2005

180 citations recorded by the source corpus.

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.

Subfields: Accounting, Finance, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/0a5aa323adedf4a71094dbe317b0d4ef65401974

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Benjamin Miranda Tabak
2. Emilia Bonaccorsi di Patti
3. Xiaochi Lin
4. Yi Zhang
5. Fadzlan Sufian
6. Jitendra Mahakud
7. Neeraj J. Gupta

In Finance

1. Benjamin Miranda Tabak
2. Emilia Bonaccorsi di Patti
3. Geraldo da Silva e Souza
4. Roberta Blass Staub
5. Xiaochi Lin
6. Yi Zhang
7. K. Lim
8. R. Brooks

In Management Science and Operations Research

1. Benjamin Miranda Tabak
2. Geraldo da Silva e Souza
3. Roberta Blass Staub
4. Xiaochi Lin
5. Yi Zhang

Citations in the corpus

• An empirical study on trust in mobile banking: A developing country perspective (2016, background): “Brazil is also the biggest country in Latin America, and it has the largest and most complex bank system in the region (Nakane & Weintraub, 2005).”
• Financial sector liberalization, bank privatization, and efficiency: Evidence from Pakistan (2005, background): “Privatization tends to be followed by some performance improvements, both in developing (Nakane and Weintraub, 2005; Beck et al., 2005; Haber and Kantor, 2005) and developed countries (e.g. Owens et al., 2000).”
• Bank ownership reform and bank performance in China. (2009, methodology): “See, for example, Boubakri et al. (2005), and Williams and Nguyen (2005) for cross-country analyses and Beck et al. (2005a,b) and Nakane and Weintraub (2005), among others, for studies of individual nations.”
• Evolution of bank efficiency in Brazil: A DEA approach (2010, background): “In 2001 the PROEF (Program for the Strengthening of the Federal Financial Institutions) was launched and troubled assets from state-owned banks were transferred and some of these banks received capital injections, according to Baer and Nazmi (2000) and Nakane and Weintraub (2005).”