tailieunhanh - Profit efficiency and productivity of Vietnamese banks: A new index approach

In this paper, we measure and analyse profit efficiency and productivity of Vietnamese banks using a newly developed index approach which is based on the directional distance function. Our findings indicate that the average bank operates quite far below the frontier of the best-practice bank, mainly due to allocative inefficiency rather than technical inefficiency, and that Vietnamese banks experience modest productivity growth. | Profit efficiency and productivity of Vietnamese banks: A new index approach