Analyzing bank “black boxes”: A two-stage Nerlovian profit inefficiency model
作者：
Highlights：
• We develop a two-stage network Nerlovian profit inefficiency model.
• We model human capital on bank’s production process.
• We model in a dynamic framework bank’s non-performing loans.
• We utilize a sample of Japanese local Shinkin banks over the period 2008–2015.
• We provide evidence of asymmetric effects of human capital on banks’ efficiency.
摘要
•We develop a two-stage network Nerlovian profit inefficiency model.•We model human capital on bank’s production process.•We model in a dynamic framework bank’s non-performing loans.•We utilize a sample of Japanese local Shinkin banks over the period 2008–2015.•We provide evidence of asymmetric effects of human capital on banks’ efficiency.
论文关键词：Bank performance,Bank profits,By-production,Human capital,Non-performing loans
论文评审过程：Received 6 February 2021, Revised 15 May 2021, Accepted 9 June 2021, Available online 13 June 2021, Version of Record 18 June 2021.
论文官网地址：https://doi.org/10.1016/j.eswa.2021.115405
