Fungácová, Zuzana; Pessarossi, Pierre; Weill, Laurent - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2012
This paper addresses the relationship between bank competition and efficiency by computing Lerner indices and cost efficiency scores for a sample of Chinese banks over the period 2002-2011. Granger-causality tests are performed in a dynamic GMM panel estimator framework to evaluate the sign and...