Nonperforming Loans and Productivity in Chinese Banks, 1997-2006
نویسندگان
چکیده
منابع مشابه
Non-Performing Loans and Productivity in Chinese Banks: 1997-2006
This study examines the productivity growth of the nationwide banks of China over the ten years to 2006. Using a bootstrap method for the Malmquist index estimates of productivity growth are constructed with appropriate confidence intervals. The paper adjusts for the quality of the output by accounting for the non-performing loans on the balance sheets and test for the robustness of the results...
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This short paper presents a new stylized fact about bank nonperforming loans. According to the data for the US, the average of the ratio of noncurrent loans to total loans for large banks presents a very high negative correlation with the same ratio for small banks. This result remains valid for different measures of bank size as well as controlling for different bank characteristics such as ch...
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This study demarcates cost-inefficiency in Chinese banks into X-inefficiency and rent-seeking-inefficiency. A protected banking market not only encourages weak management and X-inefficiency but also public ownership and state directed lending encourages moral hazard and bureaucratic rent seeking. This paper uses bootstrap non-parametric techniques to estimate measures of X-inefficiency and rent...
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Credit risk assessment and, in particular, nonperforming loan (NPL) projection are a crucial part of macro-stress tests. These tests are based on macroeconomic assumptions in order to provide common scenarios for all financial institutions participating in such an exercise. However, due to limited data availability, short time series and structural breaks, especially in emerging markets, it is ...
متن کاملDealing with the Bad Loans of the Chinese Banks
Chinese banks suffer from serious financial fragility manifested by high proportions of non-performing loans and low capital-adequacy ratios. A key policy introduced recently by the Chinese government to reduce financial risks is the establishment of four asset management companies (AMCs) for dealing with bad loans. Drawing on the experiences of the Resolution Trust Corporation in the United St...
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ژورنال
عنوان ژورنال: The Chinese Economy
سال: 2009
ISSN: 1097-1475,1558-0954
DOI: 10.2753/ces1097-1475420202