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AVRUPA BORÇ KRİZİNİN TÜRKİYE’DEKİ YABANCI BANKALARIN ETKİNLİĞİ ÜZERİNDEKİ ETKİSİ

Year 2017, , 131 - 148, 27.12.2017
https://doi.org/10.29228/mjes.53

Abstract

Bu çalışmanın amacı Avro bölgesi borç krizinin Türkiye’deki yabancı bankaların etkinliği üzerindeki etkisini incelemektir. Stokastik Sınır üretim ve maliyet analizlerinin Maksimum Olabilirlik Yöntemi ile hesaplanan sonuçlarına göre GIIPS ülkelerinden birinin sermayesine sahip yabancı bir banka dışında diğer yabancı bankalar borç krizinden etkilenmemişlerdir. Sonuçlar göstermektedir ki eğer bir ülkede bankacılık sektörü güçlüyse, krizler genel olarak bankacılık sektörü, özel olarak da yabancı bankalar üzerinde önemli bir etki yaratmamaktadır. 

References

  • Aigner, D. J., Lovell C. A. K. and Schmidt P. (1977) “Formulation and Estimation of Stochastic Frontier Production Function Models”, Journal of Econometrics, (6): 21-37.
  • Andries, A. M., Cocris, V. (2010) “Comparative Analysis of the Efficiency of Romanian Banks”, Romanian Journal of Economic Forecasting, (4): 54-75.
  • Andries, A. M. (2012) “The Determinants of Bank Efficiency and Productivity Growth in the Central and Eastern European Banking Systems”, Eastern European Economics, 49(6): 38-59.
  • Andries, A. M., Ursu, S. G. (2016) “Financial Crisis and Bank Efficiency: An Empirical Study of European Banks”, Economic Research-Ekonomska Istraživanja, 29(1): 485–97.
  • Aysan A. F., Karakaya M. M., Uyanık M. (2011) “Panel Stochastic Frontier Analysis of Profitability and Efficiency of Turkish Banking Sector in The Post Crisis Era”, Journal of Business Economics and Management, 12 (4): 629–54.
  • Banks Association of Turkey (2015) “Banks and Banking Sector Information”, List of banks, <www. tbb.org.tr.>, (15 September 2017).
  • Battese, G. E., and Coelli T. J. (1995) “A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data”, Empirical Economics, (20): 325-32.
  • Bonin J., Hasan I., Wachtel P. (2005) “Bank Performance, Efficiency and Ownership in Transitition Countries”, Journal of Banking & Finance, (29): 31-53.
  • Chortareas, G. E., Girardone, C. and Ventouri, A. (2012) “Bank Supervision, Regulation, and Efficiency: Evidence from The European Union”, Journal of Financial Stability, 8 (4): 292-302.
  • Christopoulos D. K., Lolos S. E. G., Tsionas E. G. (2002) “Efficiency of the Greek Banking System in View of the EMU: A Heteroscedastic Stochastic Frontier Approach”, Journal of Policy Modeling, (24): 813–29.
  • Coelli, T. (1996) “A Guide to FRONTIER Version 4.1: A Computer Program for Stochastic Frontier Production and Cost Function Estimation”, CEPA Working Paper 96/08, University of New England.

The Impact of the Sovereign Debt Crisis on the Efficiency of Foreign Banks in Turkey

Year 2017, , 131 - 148, 27.12.2017
https://doi.org/10.29228/mjes.53

Abstract



 The aim of this paper is to investigate the impact of Euro-zone sovereign debt crisis on the efficiency of foreign banks in Turkey. Results of the maximum likelihood estimates of the stochastic frontier production and cost functions illustrate that except one bank with capital from one of the GIIPS countries, the efficiencies of foreign banks have not been affected from the sovereign debt crisis. Results suggest that if the banking industry is strong in a country than the effects of crises do not have considerable impact on the banking sector in general, foreign banks in particular. 

References

  • Aigner, D. J., Lovell C. A. K. and Schmidt P. (1977) “Formulation and Estimation of Stochastic Frontier Production Function Models”, Journal of Econometrics, (6): 21-37.
  • Andries, A. M., Cocris, V. (2010) “Comparative Analysis of the Efficiency of Romanian Banks”, Romanian Journal of Economic Forecasting, (4): 54-75.
  • Andries, A. M. (2012) “The Determinants of Bank Efficiency and Productivity Growth in the Central and Eastern European Banking Systems”, Eastern European Economics, 49(6): 38-59.
  • Andries, A. M., Ursu, S. G. (2016) “Financial Crisis and Bank Efficiency: An Empirical Study of European Banks”, Economic Research-Ekonomska Istraživanja, 29(1): 485–97.
  • Aysan A. F., Karakaya M. M., Uyanık M. (2011) “Panel Stochastic Frontier Analysis of Profitability and Efficiency of Turkish Banking Sector in The Post Crisis Era”, Journal of Business Economics and Management, 12 (4): 629–54.
  • Banks Association of Turkey (2015) “Banks and Banking Sector Information”, List of banks, <www. tbb.org.tr.>, (15 September 2017).
  • Battese, G. E., and Coelli T. J. (1995) “A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data”, Empirical Economics, (20): 325-32.
  • Bonin J., Hasan I., Wachtel P. (2005) “Bank Performance, Efficiency and Ownership in Transitition Countries”, Journal of Banking & Finance, (29): 31-53.
  • Chortareas, G. E., Girardone, C. and Ventouri, A. (2012) “Bank Supervision, Regulation, and Efficiency: Evidence from The European Union”, Journal of Financial Stability, 8 (4): 292-302.
  • Christopoulos D. K., Lolos S. E. G., Tsionas E. G. (2002) “Efficiency of the Greek Banking System in View of the EMU: A Heteroscedastic Stochastic Frontier Approach”, Journal of Policy Modeling, (24): 813–29.
  • Coelli, T. (1996) “A Guide to FRONTIER Version 4.1: A Computer Program for Stochastic Frontier Production and Cost Function Estimation”, CEPA Working Paper 96/08, University of New England.
There are 11 citations in total.

Details

Primary Language English
Journal Section Makaleler
Authors

İmre Ersoy This is me

Gülcan Çağıl

Publication Date December 27, 2017
Published in Issue Year 2017

Cite

APA Ersoy, İ., & Çağıl, G. (2017). The Impact of the Sovereign Debt Crisis on the Efficiency of Foreign Banks in Turkey. Marmara Üniversitesi Avrupa Araştırmaları Enstitüsü Avrupa Araştırmaları Dergisi, 25(2), 131-148. https://doi.org/10.29228/mjes.53
AMA Ersoy İ, Çağıl G. The Impact of the Sovereign Debt Crisis on the Efficiency of Foreign Banks in Turkey. MJES. December 2017;25(2):131-148. doi:10.29228/mjes.53
Chicago Ersoy, İmre, and Gülcan Çağıl. “The Impact of the Sovereign Debt Crisis on the Efficiency of Foreign Banks in Turkey”. Marmara Üniversitesi Avrupa Araştırmaları Enstitüsü Avrupa Araştırmaları Dergisi 25, no. 2 (December 2017): 131-48. https://doi.org/10.29228/mjes.53.
EndNote Ersoy İ, Çağıl G (December 1, 2017) The Impact of the Sovereign Debt Crisis on the Efficiency of Foreign Banks in Turkey. Marmara Üniversitesi Avrupa Araştırmaları Enstitüsü Avrupa Araştırmaları Dergisi 25 2 131–148.
IEEE İ. Ersoy and G. Çağıl, “The Impact of the Sovereign Debt Crisis on the Efficiency of Foreign Banks in Turkey”, MJES, vol. 25, no. 2, pp. 131–148, 2017, doi: 10.29228/mjes.53.
ISNAD Ersoy, İmre - Çağıl, Gülcan. “The Impact of the Sovereign Debt Crisis on the Efficiency of Foreign Banks in Turkey”. Marmara Üniversitesi Avrupa Araştırmaları Enstitüsü Avrupa Araştırmaları Dergisi 25/2 (December 2017), 131-148. https://doi.org/10.29228/mjes.53.
JAMA Ersoy İ, Çağıl G. The Impact of the Sovereign Debt Crisis on the Efficiency of Foreign Banks in Turkey. MJES. 2017;25:131–148.
MLA Ersoy, İmre and Gülcan Çağıl. “The Impact of the Sovereign Debt Crisis on the Efficiency of Foreign Banks in Turkey”. Marmara Üniversitesi Avrupa Araştırmaları Enstitüsü Avrupa Araştırmaları Dergisi, vol. 25, no. 2, 2017, pp. 131-48, doi:10.29228/mjes.53.
Vancouver Ersoy İ, Çağıl G. The Impact of the Sovereign Debt Crisis on the Efficiency of Foreign Banks in Turkey. MJES. 2017;25(2):131-48.