1st Edition

The Economics of Financial Services in Emerging Markets Measuring the Output of the Banking and Insurance Industries

By Bhagirath Prakash Baria Copyright 2023
340 Pages 23 B/W Illustrations
by Routledge

340 Pages 23 B/W Illustrations
by Routledge

340 Pages 23 B/W Illustrations
by Routledge

Any enquiry into the nature, performance, role, demerits, growth, efficiency, or other aspects of financial services such as banking and insurance activities, requires rigorous estimates of their economic output, i.e., the economic contributions made by these firms, as well as by the industries as a whole. Accordingly, this book condenses several theoretical, methodological, empirical, and... Read more

Foreword

Preface

Acknowledgements

Chapter 1. Setting the Analytical Background

Part I – Survey of Evidences: Theoretical and Empirical issues

Chapter 2. Qualitative and quantitative aspects of the survey of literature

Chapter 3. Review of evidence on banking output measurement: Global perspective

Chapter 4. Review of evidence on insurance output measurement: Global perspective

Chapter 5. Extended notes on the banking and insurance output measurement problem

Part II – Expert opinions and contributions: Emerging Markets Perspective

Chapter 6. Method and rationale

Chapter 7. Expert perspectives on output measurement in banking and insurance

Part III - Empirical Case Studies: A BRIICS perspective

Chapter 8. Empirical case studies for the banking industry on implications of using alternative output definitions

Chapter 9. Testing the Empirical Sensitivity of major performance indicators of the insurance industry under alternative output definitions: Selected Exercises

Part IV: Extended notes and concluding remarks

Chapter 10. Inputs measurement issues

Chapter 11. Limitations, future scope and concluding remarks

Index

Biography

Bhagirath Prakash Baria is Assistant Professor at the Department of Banking and Insurance, Faculty of Commerce, Maharaja Sayajirao University of Baroda, India. The broad areas of his interest include macroeconomics of banking, agricultural productivity, and performance analysis of banking and insurance industries. The author strongly believes in pluralism in both teaching and research. He has a Masters’ Degree in Business Economics with two Gold Medals, has published in several reputed national and international journals, won a Young Researcher Award, founded a non-profit educational initiative called The Cafe Economics (TCE), and is pursuing a Ph.D. in the area of International Finance.

"The author has drawn together a vast body of literature on the output measurement dimensions of financial services into this book. The breadth and depth of the work are unique and shall act as a highly reliable reference for all major aspects related to output analysis for financial services." - Prof. Justin Paul, Editor-in-chief of the International Journal of Consumer Studies, University of Puerto Rico, U.S.A. & University of Reading Henley Business school, U.K.

"The book condenses a large volume of literature on the banking and insurance output measurement problem. It is further enriched by expert opinions and empirical case studies on the BRIICS countries, providing a fresh perspective which will surely enrich the literature in new directions. I highly recommend this book." - Prof. Kabir M. Hassan, University of New Orleans, U.S.A.