Oil booms, bank productivity and natural resource curse in finance
| Main author: | Adetutu, Morakinyo O. |
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| Other authors: | Odusanya, Kayode A.Ebireri, John E.Murinde, Victor |
| Format: | Journal Article |
| Online access: |
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| Summary: | Using a rich monthly microdata, this study is the first one to investigate the effect of commodity booms on bank productivity in the context of resource-endowed economies. Consistent with the axiom of a natural resource curse in finance, we find significant decline in banks’ total factor productivity (TFP) during episodes of oil booms. |
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