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Bank total factor productivity convergence: Evidence from india

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  • Thota, Nagaraju
  • Subrahmanyam, A.C.V.

Abstract

This study examines the total factor productivity convergence for a sample of Indian commercial (public, private and foreign) banks for the period 1992–2018. Our empirical findings strongly support the convergence (beta and sigma) hypothesis among Indian banks without ownership bias. The speed of productivity convergence is higher in the public sector banks followed by foreign and private banks during the sample period.

Suggested Citation

  • Thota, Nagaraju & Subrahmanyam, A.C.V., 2020. "Bank total factor productivity convergence: Evidence from india," Finance Research Letters, Elsevier, vol. 37(C).
    • Handle: RePEc:eee:finlet:v:37:y:2020:i:c:s1544612318309358
    DOI: 10.1016/j.frl.2019.101357
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    Cited by:

    1. Kong, Xiangyi & Xu, Jian & Zhang, Yinge, 2022. "Industry competition and firm productivity: Evidence from the antitrust policy in China," Finance Research Letters, Elsevier, vol. 47(PB).
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    3. Hongfeng Zhang & Lu Huang & Yan Zhu & Hongyun Si & Xu He, 2021. "Does Low-Carbon City Construction Improve Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China," IJERPH, MDPI, vol. 18(22), pages 1-21, November.
    4. Aranha, Meera Laetitia B & Mahapatra, Mrutyunjay & Jacob, Remya Tressa, 2024. "Mergers of public sector banks: Best partner selection using a data-driven approach," Finance Research Letters, Elsevier, vol. 63(C).

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    More about this item

    Keywords

    Indian banking system; Productivity; Convergence;
    All these keywords.

    JEL classification:

    • D2 - Microeconomics - - Production and Organizations
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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