Publicação
The effects of the global financial crisis on brazilian banking efficiency
| dc.contributor.author | Wolters, Mark Edward | |
| dc.contributor.author | Couto, Eduardo Barbosa do | |
| dc.contributor.author | Felício, J. Augusto | |
| dc.date.accessioned | 2022-09-01T15:18:16Z | |
| dc.date.available | 2022-09-01T15:18:16Z | |
| dc.date.issued | 2013 | |
| dc.description.abstract | With Brazil and the BRIC economies becoming more important to world growth and financial investment, it is important to understand the inner-workings of the financial institutions that will help spur on continued economic growth. This article focuses on the recent history of the market structure of the Brazilian banking sector as well as the effects of the global financial crisis of the late 2000s on the overall relative efficiency of the Brazilian banking sector by using Data Envelopment Analysis. The period studied—2002-2011—shows a marked decrease in overall relative efficiency in the Brazilian banking sector. The negative effects were felt across the board regardless of bank size or ownership type. Small and medium sized banks had the most significant drop in relative efficiency while larger banks were able to weather the crisis more successfully. This alludes to the idea that “Bigger is Better” when dealing with financial shocks to banking efficiency, and would allow us to summarize that the Brazilian banking sector is not participating in the “Quiet Life” of concentrated markets. Also, looking at ownership type, the study shows that Brazilian banks that are controlled by the government were ranked as the most efficient types of banks. Their foreignowned counterparts, however, were ranked as the least efficient and had a larger drop in overall efficiency and participation during the financial crisis than their domestic Brazilian counterparts. The article contributes to the continued need for more information on the Brazilian banking sector’s history and development. | pt_PT |
| dc.description.abstract | Etant donné que les économies du Brésil et des Bric sont toujours plus importantes pour la croissance mondiale et l’investissement financier, il est important de comprendre le fonctionnement interne des institutions qui aident à impulser une croissance économique continue. Cet article est centré sur l’histoire récente de la structure de marché du secteur bancaire du Brésil ainsi que sur les effets de la crise financière internationale de la fin des années 2000 sur l’efficience relative générale du secteur bancaire brésilien, en utilisant une analyse enveloppante de données (DEA ). La période étudiée, 2002-2011, montre une diminution prononcée de l’efficience relative générale dans le secteur bancaire brésilien. Les effets négatifs se sont fait sentir dans tout le secteur, indépendamment de la taille de la banque ou de la forme de propriété. Les banques petites et moyennes ont connu la chute la plus significative en efficience relative, tandis que les banques d’une plus grande importance ont mieux pu faire face à la crise. Cela renvoie à l’idée que « Plus grand, c’est mieux » quand il s’agit de faire face à des chocs financiers touchant l’efficience bancaire, et nous permet de résumer que le secteur bancaire brésilien ne participe pas à la « Vie tranquille » des marchés concentrés. Ainsi, à considérer le type de propriété, l’étude montre que les banques brésiliennes contrôlées par le gouvernement peuvent être cataloguées comme les plus efficientes. Leurs contreparties de propriété étrangère, par ailleurs, ont été cataloguées comme les moins efficientes et ont connu une chute plus grande dans leur efficience générale et participation pendant la crise financière que les banques brésiliennes. L’article contribue au besoin continuel d’avoir plus d’information sur l’histoire et le développement du secteur bancaire brésilien. | pt_PT |
| dc.description.abstract | Levando em conta que as economias do BRIC são cada vez mais importantes para o crescimento mundial e o investimento financeiro, é importante entender o funcionamento interno das instituições que ajudarão a impulsionar um crescimento econômico sustentável. Este artigo está focado na história recente da estrutura de mercado do setor bancário do Brasil, bem como nos efeitos da crise financeira internacional do final da década de 2000, na eficiência relativa geral do setor bancário brasileiro, usando uma análise envolvente de dados. O período estudado, 2002- 2011, mostra uma pronunciada diminuição da eficiência relativa geral no setor bancário brasileiro. Os efeitos negativos foram sentidos em todo o setor, independentemente do tamanho do banco ou da forma de propriedade. Os bancos pequenos e médios tiveram a queda mais significativa em eficiência relativa, enquanto os bancos de maior tamanho puderam enfrentar melhor a crise. Isto se refere à ideia que “Quanto maior, melhor”, em se tratando de lidar com choques financeiros à eficiência bancaria, e nos permite resumir que o setor bancário brasileiro não participa na “vida tranquila” dos mercados concentrados. Igualmente, ao considerar o tipo de propriedade, o estudo mostra que os bancos brasileiros que estão controlados pelo governo foram classificados como os mais eficientes. As suas congêneres de propriedade estrangeira, por outro lado, foram catalogados como os menos eficientes e tiveram maior queda na sua eficiência geral e participação durante a crise financeira do que os bancos brasileiros. O artigo contribui para a contínua necessidade de conhecer mais informação sobre a história e o desenvolvimento do setor bancário brasileiro. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Wolters, Mark Edward; Eduardo Barbosa do Couto and José Augusto Felício. (2013). “The effects of the global financial crisis on brazilian banking efficiency”. Innovar, Vol. 24, No. 53: pp. 23-39. | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10400.5/25341 | |
| dc.language.iso | eng | pt_PT |
| dc.publisher | INBAM | pt_PT |
| dc.subject | DEA | pt_PT |
| dc.subject | Brazil | pt_PT |
| dc.subject | Banking | pt_PT |
| dc.subject | Financial Crisis | pt_PT |
| dc.subject | Efficiency | pt_PT |
| dc.subject | BRIC Economies | pt_PT |
| dc.subject | Quiet Life | pt_PT |
| dc.subject | DEA | pt_PT |
| dc.subject | Brésil | pt_PT |
| dc.subject | Bancaire | pt_PT |
| dc.subject | Crise financière | pt_PT |
| dc.subject | Efficience | pt_PT |
| dc.subject | Économie des BRIC | pt_PT |
| dc.subject | Vie tranquille | pt_PT |
| dc.subject | DEA | pt_PT |
| dc.subject | Brasil | pt_PT |
| dc.subject | Bancário | pt_PT |
| dc.subject | Crise financeira | pt_PT |
| dc.subject | Eficiência | pt_PT |
| dc.subject | Economias do BRIC | pt_PT |
| dc.subject | Vida tranquila | pt_PT |
| dc.title | The effects of the global financial crisis on brazilian banking efficiency | pt_PT |
| dc.type | journal article | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | article | pt_PT |