Adetutu, Morakinyo O., Odusanya, Kayode A., Ebireri, John E. and Murinde, Victor (2020) 'Oil booms, bank productivity and natural resource curse in finance.' Economics Letters, 186 (108517).
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Abstract
Using a rich monthly microdata, this study is the first one to investigate the effect of commodity booms on bank productivity in the context of resource-endowed economies. Consistent with the axiom of a natural resource curse in finance, we find significant decline in banks’ total factor productivity (TFP) during episodes of oil booms.
Item Type: | Journal Article |
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SOAS Departments & Centres: | Departments and Subunits > School of Finance & Management |
ISSN: | 01651765 |
Copyright Statement: | © 2019. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ |
DOI (Digital Object Identifier): | https://doi.org/10.1016/j.econlet.2019.07.002 |
Date Deposited: | 14 Oct 2019 08:24 |
URI: | https://eprints.soas.ac.uk/id/eprint/31699 |
Funders: | Economic and Social Research Council |
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