Efficiency of Banks in Uzbekistan: A DEA Approach

Abstract

In this paper we analyze cost efficiency of Uzbek banks between 2013 and 2018 by using Data Envelopment Analysis (DEA) under the constant-return-to-scale and variable-return-to-scale assumptions. We find that cost efficiency of Uzbek banks on average is increasing. We also find that banks that directly or indirectly state-owned are on average most efficient and private banks are least efficient.

Keywords: cost efficiency, constant-return-to-scale, variable-return-to-scale, ownership structure, data envelopment analysis

DOI: 10.7176/EJBM/12-9-03

Publication date:March 31^st 2020