This paper addresses the relationship between bank competition and efficiency by computing Lerner indices and cost … efficiency. This suggests that measures to increase bank competition in the Chinese context are not detrimental to efficiency. … panel estimator framework to evaluate the sign and direction of causality between them. We observe no increase in bank …

This paper addresses the relationship between bank competition and efficiency by computing Lerner indices and cost … efficiency. This suggests that measures to increase bank competition in the Chinese context are not detrimental to efficiency. … panel estimator framework to evaluate the sign and direction of causality between them. We observe no increase in bank …

. However, even if there is a commonly accepted view in favor of enhanced bank competition during the last decade, no study has … EU countries. We provide evidence of a general improvement in bank competition in the EU, even if cross …-country differences are observed in the pattern of the evolution of bank competition. We check whether convergence in bank competition has …

enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …

alternative theories. In this survey, we focus on four important aspects, namely: (i) the role of competition and market structure …

Banking competition is expected to provide welfare gains by reducing monopoly rents and cost inefficiencies, favoring a … reduction of loan rates and then investment. These expected gains are a major issue for transition countries, in which bank … banks, this paper aims to provide evidence on the effects of banking competition in the Czech Republic. First, we measure …

competition is shown to have a stimulating effect on growth. Indeed, by reducing the amount of slack a manager can afford while … keeping his firm alive, competition, combined with the threat of liquidation acts as a disciplinary device which fosters … this growth-enhancing effect of competition. …

market competition. We use a circular model with asymmetric production costs both for incumbent firms and potential entrants …, where unit transport cost measures the intensity of competition (quality of infrastructure). The static and dynamic welfare …, as measured by the distribution of costs in the economy, the number of incumbent firms, the degree of market competition …

addressed by alternative theories. In this survey, we focus on four important aspects, namely: (i) the role of competition and …