Showing 1 - 10 of 37,120
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The … government has a substantial reform program to make it easier to do business in Spain, which should in some cases be deepened … procedures, internationalisation needs to be fostered, and competition strengthened. In addition, the negative impact of the …
Persistent link: https://www.econbiz.de/10011276814
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 …
Persistent link: https://www.econbiz.de/10010818570
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 …
Persistent link: https://www.econbiz.de/10011065781
This paper examines the extent of banking competition in African subregional markets. A dynamic version of the Panzar …–Rosse model is adopted beside the static model to assess the overall extent of banking competition in each subregional banking …
Persistent link: https://www.econbiz.de/10010666222
This paper analyses the effects of concentration on profitability in the US banking sector from 1994-2005, using bank …-interest revenue, and reduce both interest and non-interest costs. Furthermore, concentration appears to depress bank deposit interest … rates and raise both lending rates and the interest rate spread. This suggests that bank concentration might have negative …
Persistent link: https://www.econbiz.de/10005835748
necessarily face fierce competition. Because the industry is highly fragmented, strict separation of the three existing banking … pillars may impede competition, with negative effects on financial stability. We assess the competitive stances of 1 …,888 universal banks from 2001 to 2009 by using the Panzar–Rosse revenue test. We find evidence that measuring competition at an …
Persistent link: https://www.econbiz.de/10010679279
competition of the banking industry in the Czech Republic during the period 2001–2009. We apply Panzar-Rosse model to estimate H … of banking competition in two sub-periods, 2001–2005 and 2005–2009, in order to investigate development of the … period, which is a necessary condition for sound evaluation of the competition level. While the market can be described as …
Persistent link: https://www.econbiz.de/10009019741
We study how banking competition may affect the stability of banking systems. We develop our study by expanding the … foreign ownership are associated to bank-based financial systems and financial underdevelopment. They also show that banking … credit and bank-based financial systems enhance banking fragility. Banking concentration is not a significant determinant …
Persistent link: https://www.econbiz.de/10005787149
We study how competition may affect the stability of banking systems. We modify the failure-determinant methodology to … concentration and foreign ownership are associated to bank-based financial systems and financial underdevelopment. They also show … that banking credit and bank-based financial systems enhance banking fragility. Banking concentration is not a significant …
Persistent link: https://www.econbiz.de/10004991444
This paper employs the Panzar and Rosse (1987) and the Bresnahan models to determine the level of competition in the … South African banking sector. This level of competition was tested during the period 1998 to 2008 for the Panzar and Rosse … approach and from 1992 to 2008 for the Bresnahan model. We �find evidence of monopolistic competition in the South African …
Persistent link: https://www.econbiz.de/10011257717