Clerides, Sofronis and Delis, Manthos D and Kokas, Sotirios (2015) 'A New Data Set On Competition In National Banking Markets.' Financial Markets, Institutions & Instruments, 24 (2-3). pp. 267-311. ISSN 0963-8008

Full text not available from this repository.

Abstract

We estimate the degree of competition in the banking sectors of 148 countries over the period 1997-2010 using three methods: the Lerner index, the adjusted Lerner index, and the profit elasticity. Marginal cost estimates required for all methods are obtained using a flexible semi-parametric methodology. All three indices show that competitive conditions in banking deteriorated during the period 1997-2006, improved until 2008, and deteriorated again thereafter. Levels of competition differ across regions and income groups, but there is gradual convergence over time. Banking system is less competitive in sub-Saharan Africa and low income countries and more competitive in Europe and Central and South Asia and OECD countries.

Item Type:	Article
Additional Information:	Source info: Financial Markets, Institutions & Instruments, Vol. 24, Issue 2-3, pp. 267-311, 2015
Uncontrolled Keywords:	Bank competition; Semi-parametric estimation; World sample
Subjects:	H Social Sciences > HG Finance
Divisions:	Faculty of Social Sciences Faculty of Social Sciences > Essex Business School Faculty of Social Sciences > Essex Business School > Essex Finance Centre
SWORD Depositor:	Elements
Depositing User:	Elements
Date Deposited:	10 Sep 2015 13:31
Last Modified:	15 Jan 2022 00:38
URI:	http://repository.essex.ac.uk/id/eprint/14850

Actions (login required)

View Item