Efficiency convergence in Islamic and conventional banks

Journal of International Financial Markets, Institutions and Money(2021)

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摘要
•We compare the efficiency dynamics of Islamic and conventional banks across countries.•Steady state and convergence rates vary by bank type and by country.•Financial depth, stability and concentration affect the alignment of banking systems.•Bank-wise the alignment is linked to diversified income, profitability and stability.
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关键词
Bank efficiency,Random parameter estimation,Conditional-convergence,Islamic banks,Classification trees
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