Oil booms, bank productivity and natural resource curse in finance

Adetutu, MO ORCID: https://orcid.org/0000-0002-0402-7847, Odusanya, KA ORCID: https://orcid.org/0000-0003-1926-8456, Ebireri, JE ORCID: https://orcid.org/0000-0001-8730-1057 and Murinde, V, 2019. Oil booms, bank productivity and natural resource curse in finance. Economics Letters. ISSN 0165-1765

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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
Publication Title:	Economics Letters
Creators:	Adetutu, M.O., Odusanya, K.A., Ebireri, J.E. and Murinde, V.
Publisher:	Elsevier
Date:	11 July 2019
ISSN:	0165-1765
Identifiers:	Number Type 10.1016/j.econlet.2019.07.002 DOI S0165176519302423 Publisher Item Identifier
Divisions:	Schools > Nottingham Business School
Record created by:	Linda Sullivan
Date Added:	18 Jul 2019 14:02
Last Modified:	18 Jul 2019 14:02
URI:	https://irep.ntu.ac.uk/id/eprint/37118

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