저축은행산업의 효율성 및 생산성 결정요인

This study examines the recent productivity trends of the saving banks industry, and analyzes the determinants of the static efficiency and dynamic productivity of savings banks. We calculate the efficiency index and Malmquist TFP changes in the operating, production, intermediation, and LH models by using DEA. The effects of asset size, sales behavior, sales region, and governance on efficiency and productivity are analyzed by estimation of the Tobit model and the random effect panel model. The results recommend the policymakers should help small saving banks expand to the appropriate scale through the smooth M&A, and help local saving banks find new demand within their business areas, but avoid preferences or aversion of certain governance structures of saving banks.