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dc.contributor.authorSharma, Parmendra
dc.contributor.authorGounder, Neelesh
dc.contributor.editorAkimov, Alexandr
dc.date.accessioned2020-01-16T08:05:01Z
dc.date.available2020-01-16T08:05:01Z
dc.date.issued2012
dc.identifier.issn1836-8123
dc.identifier.otherRePEc:gri:fpaper:finance:201206
dc.identifier.urihttp://hdl.handle.net/10072/390318
dc.description.abstractThis paper investigates the profitability determinants of deposit-taking institutions in Fiji, a representative South Pacific economy, over the 2000-2010 period. The study uses panel data techniques of fixed effects estimation and generalized method of moments (GMM) to purge time-invariant unobserved firm-specific effects and to mitigate potential endogeneity problems. Market power (measured by the Lerner Index) is a key determinant of profitability, which, inter alia, allows institutions to pass on to their clients the interest costs of raising deposit liabilities and the overall cost of operations; the association of both with profitability is positive and highly significant. Moreover, raising deposit liabilities and granting loan beyond a certain point may not be profitable for institutions. Policy implications are considerable, especially for the small, fragile, growth-challenged South Pacific island economies.
dc.format.extent20 pages
dc.languageEnglish
dc.publisherGriffith University
dc.publisher.placeBrisbane, Australia
dc.relation.ispartofpagefrom1
dc.relation.ispartofpageto20
dc.subject.keywordsG21 - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
dc.subject.keywordsC23 - Single Equation Models; Single Variables: Models with Panel Data; Longitudinal Data; Spatial Time Series
dc.subject.keywordsdeposit institutions
dc.subject.keywordsprofitability determinants
dc.subject.keywordsFiji
dc.subject.keywordsSouth Pacific
dc.subject.keywordsGMM
dc.title2012-06: Profitability determinants of deposit institutions in small, underdeveloped financial systems: the case of Fiji (Working paper)
dc.typeReport
dc.type.descriptionDiscussion Paper
gro.facultyGriffith Business School
gro.description.notepublicFinance
gro.rights.copyrightCopyright © 2010 by author(s). No part of this paper may be reproduced in any form, or stored in a retrieval system, without prior permission of the author(s).
gro.date.issued2012
gro.hasfulltextFull Text
gro.griffith.authorSharma, Parmendra P.
gro.griffith.authorGounder, Neelesh NV.


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