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Costos de Intermediación Bancaria en Economías Emergentes: La Importancia de las Instituciones

Author

Listed:
  • Laura Catalina Díaz-Barreto

    (Banco de la República de Colombia)

  • Juliana Gamboa-Arbelaez

    (Banco de la República de Colombia)

  • Jose Eduardo Gomez-Gonzalez

    (Banco de la República de Colombia)

  • Adolfo Meisel-Roca

    (Banco de la República de Colombia)

Abstract

En este documento se estudia la relación entre la calidad de las instituciones y los costos de intermediación bancaria, usando una muestra de 1050 bancos de 17 economías emergentes. Con datos anuales entre 2007 y 2014, se muestra que el nivel de desarrollo institucional influye significativamente sobre el margen de intermediación neta, que aproxima los costos de intermediación y el nivel de eficiencia bancaria. Concretamente, encontramos que mejoras en la calidad de las instituciones y de la regulación inducen un menor margen de interés neto. Este resultado es robusto ante diferentes medidas de calidad de la regulación y se mantiene al controlar por diversas variables que han sido identificadas en la literatura como determinantes importantes de los costos de intermediación bancaria.

Suggested Citation

  • Laura Catalina Díaz-Barreto & Juliana Gamboa-Arbelaez & Jose Eduardo Gomez-Gonzalez & Adolfo Meisel-Roca, 2017. "Costos de Intermediación Bancaria en Economías Emergentes: La Importancia de las Instituciones," Borradores de Economia 998, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:borrec:998
    DOI: 10.32468/be.998
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    More about this item

    Keywords

    Competencia bancaria; Fortaleza institucional; Economías emergentes.;
    All these keywords.

    JEL classification:

    • P4 - Political Economy and Comparative Economic Systems - - Other Economic Systems
    • G2 - Financial Economics - - Financial Institutions and Services
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General

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