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range from 5% to 10%. To measure competition directly, we apply a novel approach that estimates the impact of marginal costs … as indicator of inefficiency on either market shares or profits. Over time, competition in health insurance has increased … fall in the average level of competitive pressure. After the reform, competition continued to improve. In the non …
Persistent link: https://www.econbiz.de/10011004568
The European trade and post-trade industries have seen increased competition in the past few years. As a result of the … practices of the three CCPs in European equity market-LCH.Clearnet SA, EMCF and EuroCCP. It concludes that, 1) competition in … competition among CCPs has led to a deterioration in the robustness of CCPs' risk management. …
Persistent link: https://www.econbiz.de/10010756016
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. …
Persistent link: https://www.econbiz.de/10005106694
supervisory data set, this paper investigates competition and efficiency in the Dutch life insurance market by estimating unused … economies decrease but substantial differences between small and large insurers remain. A direct measure of competition confirms … competition from banks, the so-called investment policy crisis or the credit crisis, apart from lower returns in 2008 …
Persistent link: https://www.econbiz.de/10010592998
The three main measures of competition (HHI, Lerner Index, and H-Statistic) are uncorrelated for U.S. banks. We … investigate why this occurs, propose a frontier measure of competition, and apply it to five major bank service lines using data … only available since 2008. Fee-based banking services comprise 35% of bank revenues so assessing competition by service …
Persistent link: https://www.econbiz.de/10010596088
, it is important to maintain competition among payment service providers but data available to gauge the degree of … competition are quite limited. We propose and implement a frontierbased method to assess relative competition in bank …
Persistent link: https://www.econbiz.de/10010711999
Efficient payment services underpin the smooth operation of the economy. Competition and innovation are key drivers for … determinants that affect pricing, competition and the incentives to innovate in the payment market. While the payment landscape is …
Persistent link: https://www.econbiz.de/10010822696