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Comparing the Efficiency of European Banking Sectors from the Financialisation Perspective Using the DEA Method

dc.contributor.authorFlorczak, Tomasz Grzegorz
dc.contributor.authorCzechowska, Iwona Dorota
dc.contributor.authorKucharski, Adam
dc.contributor.authorStawska, Joanna
dc.contributor.authorLobozynska, Sophia
dc.date.accessioned2024-03-28T10:12:33Z
dc.date.available2024-03-28T10:12:33Z
dc.date.issued2024-03-28
dc.identifier.issn1508-2008
dc.identifier.urihttp://hdl.handle.net/11089/51185
dc.description.abstractResearch background: The importance of the financial sector for the real economy has increased as there has been a transition from industrial capitalism to financial capitalism in recent years. The increasing importance of the financial sector is referred to as financialisation, and it is undoubtedly associated with finance, financial operations, or an increase in the importance of profits generated by financial activities. Financialisation is a long‑term process characterised by the growth of the banking sector. Purpose of the article: This article compares the effectiveness of banking sectors in the European Union (EU) countries from the financialisation perspective.Methods: The study determined the efficiency of the banking sectors for the 28 EU countries using an input‑oriented, non‑radial BCC model in 2017 and assessed changes in the efficiency of the entities studied using the Malmquist index between 2008 and 2017.Findings & value added: With certain outlays and effects, the banking sectors of seven countries were effective in 2017 from the financialisation perspective: Cyprus, Denmark, France, Luxembourg, Malta, Sweden, and the United Kingdom. The effectiveness of individual inputs for the banking sectors from each country was then determined, and benchmark leaders were identified. The analysis of the dynamics of changes in the efficiency of the banking sectors showed that Sweden had the highest values of the Malmquist index between 2008 and 2017 (where efficiency increased by 37.7%).en
dc.description.abstractWprowadzenie w tematykę badania: Wzrosło znaczenie sektora finansowego w stosunku do sfery realnej, w ostatnich latach nastąpiło przejście od kapitalizmu przemysłowego do kapitalizmu finansowego. Proces wzrostu znaczenia sektora finansowego określany jest mianem finansjalizacji. Zjawisko to niewątpliwie kojarzy się z finansami, operacjami finansowymi czy wzrostem znaczenia zysków generowanych przez działalność finansową. Przyjęliśmy, że finansjalizacja jest procesem długotrwałym, charakteryzującym się wzrostem sektora bankowego. Cel artykułu: Porównanie efektywności sektorów bankowych w krajach Unii Europejskiej w perspektywie finansjalizacji.Metody: Badanie polegało na określeniu efektywności sektorów bankowych dla 28 krajów europejskich, z wykorzystaniem nieradialnego modelu BCC zorientowanego na nakłady w 2017 roku oraz ocenie zmian efektywności badanych sektorów z wykorzystaniem indeksu Malmquista w latach 2008–2017.Wyniki i wartość dodana: W rezultacie ustalono, że przy określonych nakładach i efektach sektory bankowe siedmiu krajów były w 2017 roku efektywne. Efektywne, w perspektywie finansjalizacji, sektory bankowe występowały na Cyprze, w Danii, Francji, Luksemburgu, na Malcie, w Szwecji i Wielkiej Brytanii. Następnie określono efektywność poszczególnych nakładów dla sektorów bankowych z każdego badanego kraju oraz wskazano liderów benchmarków. Analiza dynamiki zmian efektywności sektorów bankowych wykazała, że najwyższe wartości wskaźnika Malmquista między latami 2008 a 2017 obliczono dla Szwecji (wzrost efektywności o 37,7%).pl
dc.language.isoen
dc.publisherWydawnictwo Uniwersytetu Łódzkiegopl
dc.relation.ispartofseriesComparative Economic Research. Central and Eastern Europe;1pl
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0
dc.subjectbanking sectoren
dc.subjectefficiencyen
dc.subjectfinancialisationen
dc.subjectDEAen
dc.subjectsektor bankowypl
dc.subjectefektywnośćpl
dc.subjectfinansjalizacjapl
dc.subjectmetoda DEApl
dc.titleComparing the Efficiency of European Banking Sectors from the Financialisation Perspective Using the DEA Methoden
dc.title.alternativePorównanie efektywności europejskich sektorów bankowych w perspektywie finansjalizacji. Zastosowanie metody DEApl
dc.typeArticle
dc.page.number45-65
dc.contributor.authorAffiliationFlorczak, Tomasz Grzegorz - University of Lodz, Faculty of Economics and Sociology, Institute of Finance, Lodz, Polanden
dc.contributor.authorAffiliationCzechowska, Iwona Dorota - University of Lodz, Faculty of Economics and Sociology, Institute of Finance, Lodz, Polanden
dc.contributor.authorAffiliationKucharski, Adam - University of Lodz, Faculty of Economics and Sociology, Institute of Logistics and Informatics, Lodz Polanden
dc.contributor.authorAffiliationStawska, Joanna - University of Lodz, Faculty of Economics and Sociology, Institute of Finance, Lodz, Polanden
dc.contributor.authorAffiliationLobozynska, Sophia - Ivan Franko National University of Lviv, Ukraineen
dc.identifier.eissn2082-6737
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dc.contributor.authorEmailFlorczak, Tomasz Grzegorz - tomasz.florczak@uni.lodz.pl
dc.contributor.authorEmailCzechowska, Iwona Dorota - dorota.czechowska@uni.lodz.pl
dc.contributor.authorEmailKucharski, Adam - adam.kucharski@uni.lodz.pl
dc.contributor.authorEmailStawska, Joanna - joanna.stawska@uni.lodz.pl
dc.contributor.authorEmailLobozynska, Sophia - lobozynska.sophia@yahoo.com
dc.identifier.doi10.18778/1508-2008.27.03
dc.relation.volume27


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