realized. This forces us to consider practical and structural aspects (regulations, taxation, markets) as key drivers of … Industry, Portfolio Theory Swaps and Financial Markets: IRS, TRS, ALM, ISDA Retail Structured Products Real Estate Asset Class …

competition of the banking industry in the Czech Republic during the period 2001–2009. We apply Panzar-Rosse model to estimate H … of banking competition in two sub-periods, 2001–2005 and 2005–2009, in order to investigate development of the … period, which is a necessary condition for sound evaluation of the competition level. While the market can be described as …

over marginal theory of imperfect competition. The controversy was closed prematurely; various contributions published … case of highly competitive markets with few suppliers. The paper focuses also on the relationship between full cost pricing … analysis of competition; it is too often neglected in favour of the sole competition on margins. …

degree of competition using the H-statistic by Panzar and Rosse (1987). The estimated H-statistics for the whole sample … periods are positive ranging from 0.38 to 0.62 and the Wald test for the market structure of monopoly or perfect competition … is rejected implying that the Islamic banks in Malaysia earned their revenue in the condition of monopolistic competition. …

This paper employs the Panzar and Rosse (1987) and the Bresnahan models to determine the level of competition in the … South African banking sector. This level of competition was tested during the period 1998 to 2008 for the Panzar and Rosse … approach and from 1992 to 2008 for the Bresnahan model. We �find evidence of monopolistic competition in the South African …