Projection of Indonesian Islamic commercial banks efficiency and stability in the Covid-19 period using DEA and panel ARDL

Jurnal Ekonomi, Keuangan Islam, M. F. Himmawan, Novian Abdi Firdausi
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引用次数: 4

Abstract

Purpose – This study aims to assess the efficiency and stability of Indonesia Islamic Commercial Banks, and then the results are used as a projection in the Covid-19 period. It uses the sample from 14 Islamic Commercial Banks in Indonesia and its quarterly data from 2017 to 2020. Methodology – The DEA method analyses VRS and CRS scale using output orientation. The Panel ARDL also uses two models from the specifications in DEA, with the inputs as independent variables and the outputs as dependent variables. Findings – The result of DEA is visualized in four quadrants from each CRS and VRS model. Respectively in each model, 1 and 5 banks are highly efficient and stable, 5 and 2 banks have high efficiency but low stability, 4 and 2 banks have low efficiency but high stability, 4 and 5 banks have low efficiency and stability. In the Panel ARDL, third party fund, operational expenses, and total financing have significant and stable long-run effect in both models. In the short-run, only operational expenses significantly affect operational earnings, whereas only total financing significantly affects total assets. Practical implications – Banks may use strategies such as absorbing workforces as marketing representatives, utilizing cooperative agreements, crowdfunding, improving banking technology, creating provisions on expected credit loss, and deferring profit. Research limitations – The limitation of this study is the small sample size because only 14 Islamic commercial banks are used as the sample, without considering the Islamic business units of the conventional banks so the predictive strength of the result only constrained in the Islamic commercial banks. Originality  – The study uses two different methods in assessing Islamic Commercial Banks especially in the Covid-19 period, hence adding insights on Islamic Commercial Banks in the pandemic period and further contributes to the Islamic banking field of study.
利用DEA和ARDL面板预测新冠肺炎期间印度尼西亚伊斯兰商业银行的效率和稳定性
目的-本研究旨在评估印度尼西亚伊斯兰商业银行的效率和稳定性,然后将结果用作Covid-19期间的预测。它使用了印度尼西亚14家伊斯兰商业银行的样本及其2017年至2020年的季度数据。方法- DEA方法使用输出方向分析VRS和CRS量表。Panel ARDL还使用了DEA规范中的两个模型,其中输入为自变量,输出为因变量。结果- DEA结果在每个CRS和VRS模型的四个象限中可视化。在每个模型中,1和5家银行为高效稳定银行,5和2家银行为高效低稳定银行,4和2家银行为低效率高稳定银行,4和5家银行为低效率低稳定银行。在Panel ARDL模型中,第三方资金、运营费用、融资总额在两种模型中均具有显著且稳定的长期效应。在短期内,只有运营费用显著影响运营收益,而只有总融资显著影响总资产。实际影响-银行可以采用诸如吸收劳动力作为营销代表、利用合作协议、众筹、改进银行技术、制定预期信贷损失准备金和延迟利润等策略。研究局限性-本研究的局限性是样本量小,因为只使用了14家伊斯兰商业银行作为样本,没有考虑传统银行的伊斯兰业务部门,因此结果的预测强度仅局限于伊斯兰商业银行。独创性-该研究使用两种不同的方法来评估伊斯兰商业银行,特别是在Covid-19期间,从而增加了对大流行时期伊斯兰商业银行的见解,并进一步为伊斯兰银行研究领域做出贡献。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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