Seyed Mohammadreza Seyed Nourani; abass shakeri; amir khadem alizadeh; reza vafaee yeganeh
Abstract
Productivity is a behavioral trait that relies on relationship optimization and interaction between internal and external factors. Productivity derives its vitality from the fact that when it increases, total output can increase without increasing the factors involved in production. This study aimed ...
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Productivity is a behavioral trait that relies on relationship optimization and interaction between internal and external factors. Productivity derives its vitality from the fact that when it increases, total output can increase without increasing the factors involved in production. This study aimed to evaluate productivity (efficiency and effectiveness) of select banks in Islamic Republic of Iran’s Interest-Free Banking system. By using a numeric index method, indices of labor productivity, Intermediary inputs productivity, capital productivity and total factor productivity were measured in select commercial banks with and without considering effectiveness factor. Our findings suggest that average growth of labor productivity, capital and intermediate consumption in selected banks in the period under review was descending, the average productivity growth of deposits in banks in the study period was 0.2% and average total factor productivity growth without and with equivalent effectiveness indicators were 1.82 and -4.2% respectively.
ali cheshomi; Habib Habibi Nikjou
Abstract
Endogenous institutional reforms can be analyzed within the framework of political economy. This article focuses on institutional reforms in banking industry. The most important formal institution of banking system, which is regulation and supervision of banks, is carried out in Iran by its Central Bank ...
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Endogenous institutional reforms can be analyzed within the framework of political economy. This article focuses on institutional reforms in banking industry. The most important formal institution of banking system, which is regulation and supervision of banks, is carried out in Iran by its Central Bank and the Council of Money and Credit. In this article, the reforms in formal banking institutions in both de jure and de facto arrangements in the period after the 1979 revolution are analyzed. The main question of this article is that how the idea of North and others (2006 and 2009) on limited-access and open-access social order can apply only to the banking industry? Historical evidence and statistical analysis show that the institutional arrangement and enforcement characteristics of banking system in Iran is consistent with features of limited-access order. Especially in 1990s, although private banking was prohibited in Iran, but elites of the dominant coalition, achieved rent by establishing informal banks. These conditions resulted in increasing competition between members of dominant coalition and this led to amending the rules of entry in early 2000 in which private banks were allowed to be established formally. These newly established private banks had ties to another group of the dominant coalition. Then, numerous laws and regulations were adopted to improve supervision of banking activities. In late 2000, the interests of non-formal banks were damaged, and therefore, they tried to continue their activities in formal ways. Overall, the evidence suggests that the Iranian banking institutions still have features of natural state (limited-access order), but there has been a transition from the basic natural state before 2000s to some features of mature natural state.
Seyyed Shamseddin Hosseini; Mohammad Ebrahim Ain Alian; Amir Reza Soori
Volume 9, Issue 33 , July 2009, , Pages 125-151
Abstract
Post Bank as one of the financial institution has had successful experience in many countries. As a result, the Post Bank Company has been established in 1996 aiming of developing financial services especially in rural region. Now after passing a decade of Post Bank activities in the form of independent ...
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Post Bank as one of the financial institution has had successful experience in many countries. As a result, the Post Bank Company has been established in 1996 aiming of developing financial services especially in rural region. Now after passing a decade of Post Bank activities in the form of independent headquarters in provinces, assessing their activities is possible by the criterion such as efficiency which is the subject of this paper.
In this paper, efficiency and effecting factors on it has been determined for 28 independent headquarters of Iran’s Post Bank in duration of 1999-2005 form using Stochastic Frontier Functions (SFA) and Logarithmic - Linear of cost function. Result of this study by model (1) - assessing efficiency- shows that efficiency of Iran’s Post Bank is 60%. The provinces
of Tehran and Charmahal va Bakhtiyari have had minimum and maximum efficiency respectively. Also, headquarters of Post Bank in the less developed region like Charmahal va Bakhtiyari and Kohkiluye va Boyer Ahmad, comparing with more headquarters in the developed provinces like Tehran and Khorasan, had been more efficient.
Meanwhile based on the result of model (2)- assessing the Effecting factors on efficiency- efficiency of headquarters has inverse relationship with the size of Post Bank (total asset), number of Employee, number of branch, and time, has direct relationship with total income of Post Bank.
