Results of SW: Determinants of LatAm banks’ efficiency (VRS): reduced sample
| Variables | VRS | VRS | VRS | VRS | VRS | VRS |
|---|---|---|---|---|---|---|
| ln(size) | 0.0241*** (0.00452) | 0.0199*** (0.00398) | 0.0187*** (0.00387) | 0.0225*** (0.00408) | 0.0231*** (0.00429) | 0.0231*** (0.00450) |
| Loan to assets | 0.406*** (0.0328) | 0.448*** (0.0354) | 0.432*** (0.0387) | 0.400*** (0.0392) | 0.400*** (0.0395) | |
| Risk | −1.169*** (0.315) | −1.099*** (0.330) | −0.867** (0.347) | −0.867*** (0.329) | ||
| Private | −0.0143 (0.0281) | 0.000141 (0.0291) | ||||
| Foreign | −0.0270* (0.0151) | −0.0270* (0.0153) | ||||
| Constant | 0.157** (0.0667) | 0.0171 (0.0610) | 0.0297 (0.0591) | −0.000117 (0.0684) | 0.00380 (0.0640) | 0.00366 (0.0739) |
| Observations | 687 | 687 | 673 | 620 | 571 | 571 |
| Wald Chi2 | 107.6 | 251.5 | 267.9 | 251.2 | 244.8 | 247.3 |
| Sigma | 0.190 | 0.169 | 0.166 | 0.165 | 0.166 | 0.166 |
| Variables | VRS | VRS | VRS | VRS | VRS | VRS |
|---|---|---|---|---|---|---|
| ln(size) | 0.0241*** (0.00452) | 0.0199*** (0.00398) | 0.0187*** (0.00387) | 0.0225*** (0.00408) | 0.0231*** (0.00429) | 0.0231*** (0.00450) |
| Loan to assets | 0.406*** (0.0328) | 0.448*** (0.0354) | 0.432*** (0.0387) | 0.400*** (0.0392) | 0.400*** (0.0395) | |
| Risk | −1.169*** (0.315) | −1.099*** (0.330) | −0.867** (0.347) | −0.867*** (0.329) | ||
| Private | −0.0143 (0.0281) | 0.000141 (0.0291) | ||||
| Foreign | −0.0270* (0.0151) | −0.0270* (0.0153) | ||||
| Constant | 0.157** (0.0667) | 0.0171 (0.0610) | 0.0297 (0.0591) | −0.000117 (0.0684) | 0.00380 (0.0640) | 0.00366 (0.0739) |
| Observations | 687 | 687 | 673 | 620 | 571 | 571 |
| Wald Chi2 | 107.6 | 251.5 | 267.9 | 251.2 | 244.8 | 247.3 |
| Sigma | 0.190 | 0.169 | 0.166 | 0.165 | 0.166 | 0.166 |