Eficiencia en la banca : un recuento de la literatura para el caso colombiano

Gandur, Michel Janna

Eficiencia en la banca : un recuento de la literatura para el caso colombiano

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Temas de Estabilidad Financiera ; No. 4

Date published

2003-12-01

Date

2003-12

Authors

Gandur, Michel Janna

Document language

spa

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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

Research on banking performance and efficiency has advanced greatly in the past three decades, justified by the importance of a properly functioning financial system to the economy in general. In Colombia, too, banks have been the subject of research studies, though as yet to a lesser extent than in developed countries. The purpose of this paper is to take stock of the works done between 1983 and 2003 that have contributed to public debate on banking efficiency in the country. It is noted that the papers published between 1983 and 1996 are dedicated to the measurement of output efficiency (economies of scale in the financial sector), while investigations of the years 1996-2003 have focused exclusively in the input efficiency (X-efficiency).