Changes in Productivity of the Colombian Banking Sector during 2002-2016
In this paper the evolution of the productivity of banks in Colombia from 2002 to 2016 is studied through the application of the non-parametric methodology of the Malmquist index of Data Envelopment Analysis (DEA), generating relative efficiency indicators for the banks for each period, throughout t...
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| Format: | Online |
| Language: | spa |
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Universidad Pedagógica y Tecnológica de Colombia
2021
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| Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/11120 |
| _version_ | 1801705964279169024 |
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| author | Rodriguez-Lozano, Gloria Isabel |
| author_facet | Rodriguez-Lozano, Gloria Isabel |
| author_sort | Rodriguez-Lozano, Gloria Isabel |
| collection | OJS |
| description | In this paper the evolution of the productivity of banks in Colombia from 2002 to 2016 is studied through the application of the non-parametric methodology of the Malmquist index of Data Envelopment Analysis (DEA), generating relative efficiency indicators for the banks for each period, throughout the fifteen years of the study. The results show that in 64% of the periods the average productivity improved, and the period 2003-2004 had the best result, since during this time the Colombian banking sector was in full development and consolidation. Additionally, in four periods there was a decrease in average productivity, the greatest decrease occurred between 2009 and 2010, during the first world financial crisis of this century. |
| format | Online |
| id | oai:oai.revistas.uptc.edu.co:article-11120 |
| institution | Revista Apuntes del Cenes |
| language | spa |
| publishDate | 2021 |
| publisher | Universidad Pedagógica y Tecnológica de Colombia |
| record_format | ojs |
| spelling | oai:oai.revistas.uptc.edu.co:article-111202023-04-10T14:14:42Z Changes in Productivity of the Colombian Banking Sector during 2002-2016 Los cambios en la productividad del sector bancario colombiano en el período 2002-2016 Rodriguez-Lozano, Gloria Isabel Malmquist index productivity measurement Data Envelopment Analysis (DEA) banking sector monetary policy financial resources Colombia índice de Malmquist medición de la productividad análisis envolvente de datos sector bancario política monetaria recursos financieros Colombia In this paper the evolution of the productivity of banks in Colombia from 2002 to 2016 is studied through the application of the non-parametric methodology of the Malmquist index of Data Envelopment Analysis (DEA), generating relative efficiency indicators for the banks for each period, throughout the fifteen years of the study. The results show that in 64% of the periods the average productivity improved, and the period 2003-2004 had the best result, since during this time the Colombian banking sector was in full development and consolidation. Additionally, in four periods there was a decrease in average productivity, the greatest decrease occurred between 2009 and 2010, during the first world financial crisis of this century. En este artículo se estudia la evolución de la productividad de los bancos en Colombia desde el año 2002 hasta el 2016, mediante la aplicación de la metodología no paramétrica del índice de Malmquist de Data Envelopment Analysis (DEA), a fin de generar indicadores de eficiencia relativa para cada uno de los bancos por cada periodo, a lo largo de los quince años del estudio. Los resultados muestran que en el 64 % de los periodos la productividad promedio mejoró, siendo el lapso 2003-2004 el que tuvo el mejor resultado, pues se considera que durante ese tiempo el sector bancario colombiano estuvo en pleno desarrollo y consolidación. Adicionalmente, en cuatro periodos hubo disminución de la productividad promedio, la mayor disminución ocurrió entre 2009-2010, durante la primera crisis financiera mundial de este siglo. Universidad Pedagógica y Tecnológica de Colombia 2021-03-30 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf text/xml https://revistas.uptc.edu.co/index.php/cenes/article/view/11120 10.19053/01203053.v40.n71.2021.11120 Apuntes del Cenes; Vol. 40 No. 71 (2021); 105-132 Apuntes del Cenes; Vol. 40 Núm. 71 (2021); 105-132 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/11120/10564 https://revistas.uptc.edu.co/index.php/cenes/article/view/11120/11563 Copyright (c) 2021 Gloria Isabel Rodriguez Lozano http://creativecommons.org/licenses/by-nc-sa/4.0 |
| spellingShingle | Malmquist index productivity measurement Data Envelopment Analysis (DEA) banking sector monetary policy financial resources Colombia índice de Malmquist medición de la productividad análisis envolvente de datos sector bancario política monetaria recursos financieros Colombia Rodriguez-Lozano, Gloria Isabel Changes in Productivity of the Colombian Banking Sector during 2002-2016 |
| title | Changes in Productivity of the Colombian Banking Sector during 2002-2016 |
| title_alt | Los cambios en la productividad del sector bancario colombiano en el período 2002-2016 |
| title_full | Changes in Productivity of the Colombian Banking Sector during 2002-2016 |
| title_fullStr | Changes in Productivity of the Colombian Banking Sector during 2002-2016 |
| title_full_unstemmed | Changes in Productivity of the Colombian Banking Sector during 2002-2016 |
| title_short | Changes in Productivity of the Colombian Banking Sector during 2002-2016 |
| title_sort | changes in productivity of the colombian banking sector during 2002 2016 |
| topic | Malmquist index productivity measurement Data Envelopment Analysis (DEA) banking sector monetary policy financial resources Colombia índice de Malmquist medición de la productividad análisis envolvente de datos sector bancario política monetaria recursos financieros Colombia |
| topic_facet | Malmquist index productivity measurement Data Envelopment Analysis (DEA) banking sector monetary policy financial resources Colombia índice de Malmquist medición de la productividad análisis envolvente de datos sector bancario política monetaria recursos financieros Colombia |
| url | https://revistas.uptc.edu.co/index.php/cenes/article/view/11120 |
| work_keys_str_mv | AT rodriguezlozanogloriaisabel changesinproductivityofthecolombianbankingsectorduring20022016 AT rodriguezlozanogloriaisabel loscambiosenlaproductividaddelsectorbancariocolombianoenelperiodo20022016 |
