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This study investigates the relationship between production efficiency in financial intermediation and financial system size. The study predicts and tests for the existence of ""systemic scale economies"" (SSEs), whereby value-maximizing intermediaries operating in large systems are expected to...
Persistent link: https://www.econbiz.de/10014399577
). We use detailed individual-level survey data, combined with key country-level indicators of bank competition and …, and bank loans). We find that more competition tends to increase the probability of access to these financial products. On …In this paper we study how competition and financial soundness affect financial inclusion in Sub-Saharan Africa (SSA …
Persistent link: https://www.econbiz.de/10011978430
Despite significant strides in financial development over the past decades, financial dollarization, as reflected in elevated shares of foreign currency deposits and credit in the banking system, remains common in developing economies. We study the impact of financial dollarization,...
Persistent link: https://www.econbiz.de/10011932543
This study assesses the determinants of banking system efficiency in sub-Saharan Africa (SSA) and asks what, besides the degree of efficiency, explains the low level of financial development in the region. It uses stochastic frontier analysis to measure efficiency and a generalized method of...
Persistent link: https://www.econbiz.de/10014402717
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …, however, that unfettered competition is not first best given the special features of finance. I review these analytics and … describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of …
Persistent link: https://www.econbiz.de/10014404300
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …
Persistent link: https://www.econbiz.de/10014400137
far-reaching banking sector reforms undertaken in Uganda to improve competition and efficiency. Using models that have … been previously used only in industrial countries, we find that the level of competition has increased significantly and …
Persistent link: https://www.econbiz.de/10014402039
policy makers. Fintech provides opportunities to deepen financial development, competition, innovation, and inclusion in the … responses, and considerations for central bank digital currencies …
Persistent link: https://www.econbiz.de/10012009989
We use bank level data to study the efficiency of banks in Sub-Saharan African middle-income countries and provide … of financial development, the degree of market competition, strong legal rights and contract laws, and better governance … stronger institutions, promote more competition, and improve governance …
Persistent link: https://www.econbiz.de/10014404276
Cost-efficiency, scale efficiency, and productivity change are estimated by data envelopment analysis; and cost-efficiency is regressed on explanatory variables. No evidence is found for average productivity responding to deregulation over the period studied. State-owned banks are found to be...
Persistent link: https://www.econbiz.de/10014401366