Acta Univ. Agric. Silvic. Mendelianae Brun. 2015, 63(6), 2085-2091 | DOI: 10.11118/actaun201563062085
Banking Efficiency in Visegrad Countries: A Dynamic Data Envelopment Analysis
- Department of Finance and Accounting, School of Business Administration in Karvina, Silesian University in Opava, Univerzitní náměstí 1934/3, 733 40 Karviná, Czech Republic
The aim of the paper is to examine the efficiency of the banking sectors in Visegrad countries during the period 2009-2013. The group of Visegrad countries includes the Czech Republic, Hungary, Poland and Slovakia. We apply Dynamic Data Envelopment Analysis (DEA) to data on commercial banks in the group of Viserad countries. Next, we calculated average efficiency of the groups of banks according the total assets. Average efficiency was slightly decreased during the period 2010-2011 and significantly decreased in 2012 which was probably as a result of financial crisis. In 2013 average efficiency increased. The Czech and Hungarian banking sector was the highest efficient. Considering the group of banks according total assets, the group of small banks was the most efficient in CCR model and the group of medium-sized banks was the most efficient in BCC model.
Keywords: banking sector, commercial banks, Dynamic Data Envelopment Analysis, efficiency, Visegrad countries, constant return to scale, variable return to scale
Grants and funding:
This paper was supported by the Czech Science Foundation within the project GAČR 13-03783S 'Banking Sector and Monetary Policy: Lessons from New EU Countries after Ten Years of Membership'.
Prepublished online: December 26, 2015; Published: January 1, 2016 Show citation
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