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 …

This paper demonstrates that the level of competition in the existing Panzar Rosse (P-R) literature is systematically … overestimated and that the tests on both monopoly and perfect competition are distorted. This is due to the use of bank revenues … and empirical evidence to illustrate the impact of the misspecification on the estimation of competition and the …

absolute figures and relative to the size of smaller banks. This paper analyzes the impact of this development on competition … that competition increases with bank size. We show that misspecification of the P-R model in the existing literature leads …

This paper is the first detailed and world-wide investigation of the developments in banking competition during the … the banking industry. The changes in competition over time are small on average, but substantial for several countries and … regions. Various Western economies faced a significant decline in banking competition during recent years. In particular, the …

Using a measure of competition based on the Panzar-Rosse model, this paper explains bank competition across 76 … countries on the basis of various determinants. Studies explaining banking competition are rare and typically insuffciently … number of banks and banking concentration, have been considered the major determinants of competition in the banking sector …

costs and market equilibrium. Our theoretical findings are confirmed by an empirical analysis of competition in banking …

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 …

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 …