Oil booms, bank productivity and natural resource curse in finance
journal contribution
posted on 2019-09-12, 11:00 authored by Morakinyo O Adetutu, Kayode OdusanyaKayode Odusanya, John E Ebireri, Victor MurindeUsing 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.
Funding
Economic and Social Research Council (ESRC), UK and the UK Department for International Development (DFID) , Grant No. ES/N013344/2
History
School
- Business and Economics
Department
- Business
Published in
Economics LettersVolume
186Publisher
Elsevier BVVersion
- AM (Accepted Manuscript)
Rights holder
© Elsevier B.V.Publisher statement
This paper was accepted for publication in the journal Economics Letters and the definitive published version is available at https://doi.org/10.1016/j.econlet.2019.07.002.Acceptance date
2019-07-01Publication date
2019-07-11Copyright date
2019ISSN
0165-1765Language
- en
