Table IV.

Results of SW: Determinants of LatAm banks’ efficiency (VRS)

VariablesVRSVRSVRSVRSVRSVRS
ln(size)0.0395*** (0.00337)0.0384*** (0.00316)0.0370*** (0.00340)0.0418*** (0.00384)0.0438*** (0.00383)0.0441*** (0.00372)
Loan to assets 0.101*** (0.0280)0.138*** (0.0306)0.130*** (0.0321)0.105*** (0.0337)0.104*** (0.0336)
Risk  −0.895*** (0.311)−0.934*** (0.306)−0.562* (0.310)−0.558* (0.322)
Private   −0.00440 (0.0254) 0.00806 (0.0251)
Foreign    −0.00749 (0.0120)−0.00851 (0.0125)
Constant−0.233*** (0.0502)−0.267*** (0.0496)−0.250*** (0.0532)−0.301*** (0.0638)−0.326*** (0.0580)−0.335*** (0.0625)
Observations1,1241,1241,093993879879
Wald Chi2386.3410.4401.1396.8388389.7
Sigma0.1710.1700.1700.1690.1680.168

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