Determinants of Operational Efficiency and Total Factor Productivity Change of Major Cambodian Financial Institutions: A Data Envelopment Analysis During 2006–13

Okuda, Hidenobu; Aiba, Daiju

doi:10.1080/1540496x.2015.1105630

Cited by 11 publications

(6 citation statements)

References 30 publications

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“…As the DIF is a kind of financial type, this paper combs the literature on the relationship between financial development and green economy, which can be summarized into the following three aspects. Firstly, financial development promotes green economic growth (Okuda and Aiba, 2016). The "inclusiveness" of DIF has improved the financing environment of China's small, medium, and microgreen enterprises, eased financing constraints (Chakravarty and Pal, 2013;Ozili, 2018), increased funding sources for green enterprises, and promoted the development of a green economy.…”

Section: Theoretical Analysis and Research Hypothesismentioning

confidence: 99%

Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China

Fang

Liu

2021

Front. Environ. Sci.

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This paper aimed to accurately assess the driving effect of digital inclusive finance (DIF) on green economic growth, better implement DIF-related policies, and promote the development of green economy. Based on the urban panel data from 2011 to 2018 and the DIF index, this paper investigates the impact of DIF on economic green development and its internal mechanism. The results show that there is a significant positive U-shaped nonlinear relationship between DIF and green development. Through the robustness test of the threshold model, instrumental variable model (IV), and system generalized method of moments (SYS-GMM) model, the results are still valid. The mechanism research shows that the DIF can indirectly promote China’s green development by the coagglomeration degree of producer services and optimize and upgrade industrial structure. This study provides policy implications for developing countries around the world to achieve green development by promoting the DIF level.

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Section: Theoretical Analysis and Research Hypothesismentioning

confidence: 99%

Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China

Fang

Liu

2021

Front. Environ. Sci.

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“…Van Damme et al (2016) suggested that corporate governance practices like smaller and gender-diverse boards, CEO/Chair duality and the presence of a woman CEO can affect MFI efficiency. Okuda and Aiba (2016) used a DEA with a double bootstrapping method to examine the determinants of efficiency and the TFP of 27 Cambodian financial institutions.…”

Section: Yemen Microfinance Institutionsmentioning

confidence: 99%

Financial and social efficiency in the Yemen microfinance institutions

Al-Awlaqi

Aamer

2019

IMEFM

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Purpose The purpose of this paper is to discover the most important productivity determinants of Yemeni microfinance institutions. In addition, this study tests the most appropriate tool to measure productivity in such unique industry. Design/methodology/approach The authors applied data envelopment analysis (DEA) with the variable return to scale after testing the technology return to scale assumption. Then, they used DEA with bootstrapping technique to overcome the borne biasness in the conventional DEA analysis. Finally, the authors presented the Hicks–Moorsteen (total factor productivity [TFP]) as the most suitable tool for the technology presented in this study. Findings In this paper, the authors found a prolonged deterioration in the productivity scores of microfinance institutions in Yemen. This study highlights the importance of operating in rural areas to improve micro finance institutions’ (MFIs’) productivity. In contrast, they found no significant differences in productivity, neither between microfinance banks and non-governmental organizations nor between Islamic and non-Islamic MFIs. Research limitations/implications This study extends previous research in the area of productivity and its determinants. It also adds to the body of productivity knowledge and methodology within the context of the microfinance industry in Yemen. Originality/value The study discovered new productivity determinants and re-assessed the importance of some already known ones. These determinants have been studied for the first time in Yemen’s microfinance industry and have contributed to answer the question of what is the most suitable productivity method that should be used. This study proved that the Hicks–Moorsteen TFP and the variable return to scale assumption are the only suitable methods to study productivity in the microfinance industry.

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“…Financial development promotes green economic growth (Okuda, Aiba, 2016). The allocation of financial resources promotes the development of green economy.…”

Section: Zielone Finansowanie I Zielone Inwestycjementioning

confidence: 99%

Green Economic Development as the Framework for Green Finance and Green Investment

Vargas-Hernández¹,

Rakowska

Vargas-González

2022

Economic and Regional Studies / Studia Ekonomiczne I Regionalne

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Subject and purpose of work: This study aims to analyse the main elements of the green economic development as a framework for green finance and green investment. The analysis spurs from the underlying notion that green economics is inherently a normative framework and a school of thought development of the neo-classical economic thinking with conceptual assumptions, deficiencies, and contradictions, beginning to set out the roots, aims and philosophical principles. Materials and methods: The methods used are the analytical and descriptive ones based on the critical literature review and an experiential reflective attitude on the key issues concerning the variables of green economic development, green finance, and green investment. Conclusions: It is concluded that the implementation of green economy activities have many obstacles to face. The inadequate funding and the institutional support in collaborations and coordination practices are the most crucial.

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Determinants of Operational Efficiency and Total Factor Productivity Change of Major Cambodian Financial Institutions: A Data Envelopment Analysis During 2006–13

Cited by 11 publications

References 30 publications

Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China

Will Digital Inclusive Finance Make Economic Development Greener? Evidence From China

Financial and social efficiency in the Yemen microfinance institutions

Green Economic Development as the Framework for Green Finance and Green Investment

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