This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … competition can consider the entire banking market only. Like most other model-based measures, this approach ignores differences …

recent studies on competition and efficiency in national banking sectors are related to concentration and profitability … and competition. There is also no robust relationship between concentration and profitability. …