The objective of this research is to establish the evolution of the productivity of the Colombian banking sector from 2002 to 2016, based on the information of the banks reported to the Colombian Superintendence of Finance; through the application of the non-parametric methodology of the Malmquist Index of Data Envelopment Analysis (DEA). Generating relative efficiency indicators for each of the banks for each period, over the fifteen years of the study. The results show that in 64% of the periods the average productivity improved, being the period 2003-2004 the one that shows a better result; a period in which the Colombian banking sector is considered to be in full development and consolidation. In addition, in 4 periods there is a decrease in average productivity, the greatest decrease occurs in the period 2009-2010 during the first global financial crisis of this century.The objective of this research is to establish the evolution of the productivity of the Colombian banking sector from 2002 to 2016, based on the information of the banks reported to the Colombian Superintendence of Finance; through the application of the non-parametric methodology of the Malmquist Index of Data Envelopment Analysis (DEA). Generating relative efficiency indicators for each of the banks for each period, over the fifteen years of the study. The results show that in 64% of the periods the average productivity improved, being the period 2003-2004 the one that shows a better result; a period in which the Colombian banking sector is considered to be in full development and consolidation. In addition, in 4 periods there is a decrease in average productivity, the greatest decrease occurs in the period 2009-2010 during the first global financial crisis of this century.
The objective of this research is to establish the evolution of the productivity of the Colombian banking sector from 2002 to 2016, based on the information of the banks reported to the Colombian Superintendence of Finance; through the application of the non-parametric methodology of the Malmquist Index of Data Envelopment Analysis (DEA). Generating relative efficiency indicators for each of the banks for each period, over the fifteen years of the study. The results show that in 64% of the periods the average productivity improved, being the period 2003-2004 the one that shows a better result; a period in which the Colombian banking sector is considered to be in full development and consolidation. In addition, in 4 periods there is a decrease in average productivity, the greatest decrease occurs in the period 2009-2010 during the first global financial crisis of this century.The objective of this research is to establish the evolution of the productivity of the Colombian banking sector from 2002 to 2016, based on the information of the banks reported to the Colombian Superintendence of Finance; through the application of the non-parametric methodology of the Malmquist Index of Data Envelopment Analysis (DEA). Generating relative efficiency indicators for each of the banks for each period, over the fifteen years of the study. The results show that in 64% of the periods the average productivity improved, being the period 2003-2004 the one that shows a better result; a period in which the Colombian banking sector is considered to be in full development and consolidation. In addition, in 4 periods there is a decrease in average productivity, the greatest decrease occurs in the period 2009-2010 during the first global financial crisis of this century.
The objective of this research is to establish the evolution of the productivity of the Colombian banking sector from 2002 to 2016, based on the information of the banks reported to the Colombian Superintendence of Finance; through the application of the non-parametric methodology of the Malmquist Index of Data Envelopment Analysis (DEA). Generating relative efficiency indicators for each of the banks for each period, over the fifteen years of the study. The results show that in 64% of the periods the average productivity improved, being the period 2003-2004 the one that shows a better result; a period in which the Colombian banking sector is considered to be in full development and consolidation. In addition, in 4 periods there is a decrease in average productivity, the greatest decrease occurs in the period 2009-2010 during the first global financial crisis of this century.