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Banking Efficiency and Financial Development in Sub-Saharan Africa

Jun 01, 2010 | S. Kablan | IMF
This study assesses the determinants of banking system efficiency in sub-Saharan Africa (SSA) and asks what, besides the degree of efficiency, explains the low level of financial development in the region. It uses stochastic frontier analysis to measure efficiency and a generalized method of moments system to explain financial development.