It emerged in the wa-
ke of the widely-known Mexican crisis (1994/95) and was
followed...Japan and heavy government sup-
port encouraged big investments in Southeast Asia...
change(MFI_CREDIT))t Y = ln(change(FOREIGN_DEBT))t Y = ln(change(TOTAL_DEBT))t
X...) processes, so that Yt=Xtb+ut and ut= r1ut-1+ q1et 1+ et and et~N(0,s2), where...
(2016), using the advanced estimation method8 on a large data
set, including 200...07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
190
50
70
...
share in the estimated total balance sheet
of financial institutions is almost 90...(3.1)
Efficiency of Banks in Croatia: A DEA Approach
5
subject to
u y
v...
Red bars represent the 90% confidence interval of the
effect based on the standard..., across the 10 quarters, being in
EDP improves CAPB by 1.69 percentage points...
period and a
slower growth in the following periods.
1998 1999 2000 2001 2002
90...slower – 32% in the first year and 55% in the second.
1998 1999 2000 2001 2002...
by the entry of foreign
banking groups to the market; these have acquired some 90%...NFA adjusted NDANFA NDA adjusted
–20
–10
0
10
20
30
40
50
60
70
80
...
