"[
ABSTRAKMengacu pada studi empiris oleh G.E. Chortareas et al. (2012), penulis
mengestimasi perluasan dari model empiris original market power dan efficient
structure menggunakan kerangka data panel dinamis tidak seimbang. Penelitian ini
bertujuan untuk menganalisis variabilitas NIM sektor perbankan di 16 negara di
kawasan Asia-Pasifik (APAC) selama periode 2003-2012 dengan menggunakan
2800 observasi data bank dan lintas negara. Hasil penelitian menunjukkan bahwa
persistensi NIM di negara-negara berkembang lebih tinggi dibandingkan dengan
NIM di negara-negara maju. Selain itu, tingkat kapitalisasi bank terbukti
merupakan determinan yang mempengaruhi NIM di negara-negara berkembang,
sedangkan di negara-negara maju NIM paling banyak dipengaruhi oleh risiko
likuiditas bank.
ABSTRACTFollowing in the footsteps of G.E. Chortareas et al. (2012) on the impact of
competition and efficiency on net interest margin (NIM) in Latin America banking,
I estimated the extension of the original market power and efficient structure
empirical model using an unbalanced dynamic panel data framework. This study
aims to analyze the variability of NIM of 16 banking sectors in the Asia-Pacific
(APAC) region during the 2003-2012 period by using 2800 observations of bank
level and cross-countries data. The results show that the persistence of NIM in
emerging countries is higher than NIM in the developed countries. In addition, the
level of bank capitalization is shown to be a dominant determinant of NIM in
emerging countries, whereas in developed countries NIM is most affected by the
bank?s liquidity risk.;Following in the footsteps of G.E. Chortareas et al. (2012) on the impact of
competition and efficiency on net interest margin (NIM) in Latin America banking,
I estimated the extension of the original market power and efficient structure
empirical model using an unbalanced dynamic panel data framework. This study
aims to analyze the variability of NIM of 16 banking sectors in the Asia-Pacific
(APAC) region during the 2003-2012 period by using 2800 observations of bank
level and cross-countries data. The results show that the persistence of NIM in
emerging countries is higher than NIM in the developed countries. In addition, the
level of bank capitalization is shown to be a dominant determinant of NIM in
emerging countries, whereas in developed countries NIM is most affected by the
bank?s liquidity risk.;Following in the footsteps of G.E. Chortareas et al. (2012) on the impact of
competition and efficiency on net interest margin (NIM) in Latin America banking,
I estimated the extension of the original market power and efficient structure
empirical model using an unbalanced dynamic panel data framework. This study
aims to analyze the variability of NIM of 16 banking sectors in the Asia-Pacific
(APAC) region during the 2003-2012 period by using 2800 observations of bank
level and cross-countries data. The results show that the persistence of NIM in
emerging countries is higher than NIM in the developed countries. In addition, the
level of bank capitalization is shown to be a dominant determinant of NIM in
emerging countries, whereas in developed countries NIM is most affected by the
bank?s liquidity risk.;Following in the footsteps of G.E. Chortareas et al. (2012) on the impact of
competition and efficiency on net interest margin (NIM) in Latin America banking,
I estimated the extension of the original market power and efficient structure
empirical model using an unbalanced dynamic panel data framework. This study
aims to analyze the variability of NIM of 16 banking sectors in the Asia-Pacific
(APAC) region during the 2003-2012 period by using 2800 observations of bank
level and cross-countries data. The results show that the persistence of NIM in
emerging countries is higher than NIM in the developed countries. In addition, the
level of bank capitalization is shown to be a dominant determinant of NIM in
emerging countries, whereas in developed countries NIM is most affected by the
bank’s liquidity risk., Following in the footsteps of G.E. Chortareas et al. (2012) on the impact of
competition and efficiency on net interest margin (NIM) in Latin America banking,
I estimated the extension of the original market power and efficient structure
empirical model using an unbalanced dynamic panel data framework. This study
aims to analyze the variability of NIM of 16 banking sectors in the Asia-Pacific
(APAC) region during the 2003-2012 period by using 2800 observations of bank
level and cross-countries data. The results show that the persistence of NIM in
emerging countries is higher than NIM in the developed countries. In addition, the
level of bank capitalization is shown to be a dominant determinant of NIM in
emerging countries, whereas in developed countries NIM is most affected by the
bank’s liquidity risk.]"
Depok: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2014
