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 |