Eficiencia técnica en las cooperativas de crédito españolas: una aproximación al impacto de la crisis

• Almudena Martínez-Campillo ^[1] ; Yolanda Fernández-Santos ^[1] ; María del Pilar Sierra-Fernández ^[1]
  1. [1] Universidad de León

     Universidad de León

     León, España

     
• Localización: Revista española de financiación y contabilidad, ISSN 0210-2412, Vol. 46, Nº 4, 2017, págs. 484-506
• Idioma: español
• DOI: 10.1080/02102412.2017.1288951
• Títulos paralelos:
  • Technical efficiency in Spanish credit cooperatives: an approach to the crisis impact
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• Resumen
  • español

    Este trabajo pretende estimar la eficiencia técnica en la actividad bancaria de las cooperativas de crédito españolas durante el periodo 2005–2013, así como sus principales determinantes, haciendo especial hincapié en el posible impacto de la crisis. Nuestros hallazgos muestran que la eficiencia de estas entidades disminuye durante los años 2008–2010 en relación con el periodo anterior a la crisis (2005–2007), aunque recupera los niveles previos a la misma en la segunda recesión (2011–2013). Además, mientras la concentración urbana, el tamaño y el riesgo financiero de las cooperativas de crédito influyen positivamente sobre su eficiencia técnica, la situación de crisis tiene un efecto negativo. Finalmente, su localización regional también es un determinante significativo.

  • English

    The main goals of the paper are to estimate both the technical efficiency in Spanish credit cooperatives during the period 2005–2013 and its main determinants, with a special emphasis on the possible impact of the crisis. Our findings show that the efficiency of these entities decreases during the years 2008–2010 in comparison with the period previous to the crisis (2005–2007), although it recovers again in the second recession (2011–2013). In addition, while the size, the urban concentration and the financial risk of credit unions have a positive influence on their technical efficiency, the crisis situation has a negative effect. Finally, their regional location is also a significant determinant.

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