SavedAdd your journal

Journals / Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2015 / Cilt: 5 - Sayı: 1

The Persistence of Profits in Azerbaijan's Banking System

Azerbaycan Bankacılık Sisteminde Karların Sürekliliği

K. Batu TUNAY
Shahriyar MUKHTAROV
Pages
243–257
Publication Date
2015-04-01
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Obtained results indicate that profits demonstrate no persistence or a little persistence.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this research, the persistence of profits in Azerbaijan's banking sector in the short-run and the long-run is investigated.
📊
Key Findings & Data:Obtained results indicate that profits demonstrate no persistence or a little persistence.
💡
Conclusion & Impact:In this context, existence of competitive powers in the sector can be stated.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Banks · Persistence · Competition.

Abstract

In this research, the persistence of profits in Azerbaijan's banking sector in the short-run and the long-run is investigated. Although there are a lot of researches done in the case of different countries, enough study has been implemented for the case of Azerbaijan despite of its high speed economic growth. This research analysis continuity of profits by using system panel data method. Obtained results indicate that profits demonstrate no persistence or a little persistence. In this context, existence of competitive powers in the sector can be stated.

Özet

Çalışmada Azerbaycan bankacılık sektöründe kısa ve uzun dönemde karların sürekliliği araştırılmıştır. Bu konuda farklı ülkeleri konu alan çok sayıda araştırma olmasına karşın kendi bölgesinde hızla gelişen bir ülke olan Azerbaycan’a dair yeterince çalışma bulunmamaktadır. Çalışmada sistem dinamik panel veri yöntemiyle karların sürekliliği analiz edilmiştir. Elde edilen bulgular hem kısa hem de uzun dönemde karların süreklilik göstermediğini veya çok düşük oranda bir süreklilik gösterdiğini ortaya koymaktadır. Buna bağlı olarak, sektörde rekabetçi güçlerin yüksek olduğu söylenebilir.

🔖

Cite This Article

TUNAY, K. B., MUKHTAROV, S. (2015). The Persistence of Profits in Azerbaijan's Banking System. Çankırı Karatekin Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 5 - Sayı: 1, 243–257. https://ajindex.com/articles/154990

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (4)

  1. Agostino, M., Leonida, L. ve Trivieri, F. (2005). Profits Persistence and Ownership: Evidence from the Italian Banking Sector. Applied Economics, 37, 1615- 1621. Aras, O.N. (2003). Azerbaycan Ekonomisi: Makro Ekonomik ve Sektörel Analiz, Bakü: Kafkasya Araştırmaları Merkezi Yayınları.
  2. Arellano, M. (2005). Panel Data Econometrics: Advanced Texts in Econometrics, Oxford: Oxford University Press.
  3. Arellano, M. ve Bond, S. (1991). Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Applic ation to Unemployment Equations. Review of Economic Studies, 58, 277- 297. Arellano, M. ve Bover, O. (1995). Another Look at the Instrumental Variable Es timation of Error- Components Models, Journal of Econometrics, 68(1), 29- 51. Baltagi, B.H. (2002).
  4. Econometric Analysis of Panel Data, Second Edition, Chichester: John Wiley and Sons. Bektaş, E. (2007). The Persistence of Profits in The Turkish Banking Syst em. Applied Economic Letters, 14, 187- 190. Berger, A.N., Bonime, S.D., Covitz, D.M. ve Hancock, D. (2000). Why are Bank Profits so Persistent? The Roles of Product Market Competition, Informal Opacity, and Regional / Macroeconomic Schoks. Journal of Banking and Finance, 24, 1203 - 1235. Bou, J.C. ve Sattora, A. (2007). The Persistence of Abnormal Returns at Industry and Firm Levels: Evidence from Spain. Strategic Management Journal, 28, 707- 722. Bourlakis, C.A. (1997). Testing the Competitive Environment and the Persis tence of Profits Hypothesis. Review of Industrial Organization, 12, 208- 218. Blundell, R. ve Bond, S. (1998). Initial Conditions and Moment Restrictions in Dynamic Panel Data Models. Journal of Econometrics, 87(1), 115- 143. Çağıl G., Mukhtarov S. (2014). Azerbaycan Ticari Bankacılık Sektörünün Camels Yöntemi ile Performans Analizi. Marmara Üniversitesi Öneri Dergisi, 11(41), 77- 94. Dietrich, A. ve Wanzenried, G. (2014). The Determinants of Commercial Banking Profitability in Low-, Middle-, and High- Income Countries, Ouarterly Review of Economics and Finance, 54(3), 337- 354. Flamini, V., McDonald, C. ve Schumacher, L. (2009), Determinants of Commercial Banks’ Profitability in Sub- Saharan Africa. IMF Working Papers, No: WP/09/15, January. Francis, M. E. (2011). Determinants of Commercial Banks’ Profi tability in Sub- Saharan Africa. Workshop: Economic Perspectives of Least Developed Countries, DAAD Partnership on Economic Development Studies. Garza- Garcia, J. G. (2011). Determinants of Bank Performance in Mexico: E