The Efficiency In Thai Financial Sector After The Financial Crisis

This paper aims to investigate the efficiency in Thai financial sector after the financial crisis (1998 - 2004) by looking at the Total Factor Productivity (TFP) growth. Furthermore, the paper also investigate the efficiency in commercial bank sector, finance and securities company sector and insurance company sector, and the efficiency in domestic and foreign financial companies. The paper also suggests that, in overall, domestic financial companies are more efficient than foreign ones. Domestic finance and securities companies are also more efficient than foreign ones, whereas domestic and foreign commercial banks are not different in efficiency. Moreover, domestic and foreign insurance companies are not different in efficiency as well.