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A New Data Set On Competition In National Banking Markets

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

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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

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