Oil booms, bank productivity and natural resource curse in finance

Adetutu, MO ORCID logoORCID: https://orcid.org/0000-0002-0402-7847, Odusanya, KA ORCID logoORCID: https://orcid.org/0000-0003-1926-8456, Ebireri, JE ORCID logoORCID: 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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