Efficiency and Contestability in the Colombian Banking System:
Despite progress in the past decade, financial markets in Colombia remain relatively small and shallow. In particular the banking system suffers high intermediation costs, which limit constrains access to finance by households and firms. This paper explores some of the causes behind these intermedia...
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Format: | Elektronisch E-Book |
Sprache: | Englisch |
Veröffentlicht: |
Paris
OECD Publishing
2015
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Schriftenreihe: | OECD Economics Department Working Papers
|
Schlagwörter: | |
Links: | https://doi.org/10.1787/5js30twjgm6l-en |
Zusammenfassung: | Despite progress in the past decade, financial markets in Colombia remain relatively small and shallow. In particular the banking system suffers high intermediation costs, which limit constrains access to finance by households and firms. This paper explores some of the causes behind these intermediation costs. An accounting decomposition of the lending-deposit spread suggests that the levels of contestability and efficiency are low. A more in-depth analysis using stochastic frontier and data envelopment analyses confirm that the efficiency of the Colombian commercial banking system is low compared to other emerging markets and OECD economies with similar levels of development. Furthermore, econometric estimates of market contestability support the hypothesis that contestability in Colombia is subpar. Finally, the paper also explores some of the potential determinants of efficiency and contestability for a sample of the 24 countries over the period 2004 - 2013. This Working Paper relates to the 2014 OECD Economic Survey of Colombia. (www.oecd.org/eco/surveys/economic-survey-colombia.htm) |
Umfang: | 1 Online-Ressource (54 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5js30twjgm6l-en |
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illustrated | Not Illustrated |
indexdate | 2025-01-11T15:45:23Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033312805 |
oclc_num | 1312707889 |
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physical | 1 Online-Ressource (54 Seiten) 21 x 29.7cm |
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publisher | OECD Publishing |
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spellingShingle | Daude, Christian Efficiency and Contestability in the Colombian Banking System Economics Colombia |
title | Efficiency and Contestability in the Colombian Banking System |
title_alt | Efficience et contestabilité du marché bancaire en Colombie |
title_auth | Efficiency and Contestability in the Colombian Banking System |
title_exact_search | Efficiency and Contestability in the Colombian Banking System |
title_full | Efficiency and Contestability in the Colombian Banking System Christian Daude and Julien Pascal = Efficience et contestabilité du marché bancaire en Colombie / Christian Daude et Julien Pascal |
title_fullStr | Efficiency and Contestability in the Colombian Banking System Christian Daude and Julien Pascal = Efficience et contestabilité du marché bancaire en Colombie / Christian Daude et Julien Pascal |
title_full_unstemmed | Efficiency and Contestability in the Colombian Banking System Christian Daude and Julien Pascal = Efficience et contestabilité du marché bancaire en Colombie / Christian Daude et Julien Pascal |
title_short | Efficiency and Contestability in the Colombian Banking System |
title_sort | efficiency and contestability in the colombian banking system |
topic | Economics Colombia |
topic_facet | Economics Colombia |
url | https://doi.org/10.1787/5js30twjgm6l-en |
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