Exportar Publicação

A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Galán, J. E., Veiga, H. & Wiper, M. P. (2015). Dynamic effects in inefficiency: evidence from the Colombian banking sector. European Journal of Operational Research . 240 (2), 562-571
Exportar Referência (IEEE) 
J. E. Galán et al.,  "Dynamic effects in inefficiency: evidence from the Colombian banking sector", in European Journal of Operational Research , vol. 240, no. 2, pp. 562-571, 2015
Exportar BibTeX 
@article{galán2015_1732212515903,
	author = "Galán, J. E. and Veiga, H. and Wiper, M. P.",
	title = "Dynamic effects in inefficiency: evidence from the Colombian banking sector",
	journal = "European Journal of Operational Research ",
	year = "2015",
	volume = "240",
	number = "2",
	doi = "10.1016/j.ejor.2014.07.005",
	pages = "562-571",
	url = "http://www.sciencedirect.com/science/article/pii/S0377221714005566"
}
Exportar RIS 
TY  - JOUR
TI  - Dynamic effects in inefficiency: evidence from the Colombian banking sector
T2  - European Journal of Operational Research 
VL  - 240
IS  - 2
AU  - Galán, J. E.
AU  - Veiga, H.
AU  - Wiper, M. P.
PY  - 2015
SP  - 562-571
SN  - 0377-2217
DO  - 10.1016/j.ejor.2014.07.005
UR  - http://www.sciencedirect.com/science/article/pii/S0377221714005566
AB  - Firms face a continuous process of technological and environmental changes that requires them to make managerial decisions in a dynamic context. However, costs and constraints prevent firms from making instant adjustments towards optimal conditions and may cause inefficiency to persist in time. We propose a dynamic inefficiency specification that captures differences in the adjustment costs among firms and non-persistent effects of inefficiency heterogeneity. The model is fitted to a ten year sample of Colombian banks. The new specification improves model fit and have effects on efficiency estimations. Overall, Colombian banks present high inefficiency persistence but important differences between institutions are found. In particular, merged banks present low adjustment costs that allow them to recover rapidly efficiency losses derived from merging processes.
ER  -