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Theory makes ambiguous predictions about the relationship between market structure and competitiveness of the banking system and banking sector stability. Empirical studies focusing on individual countries provide similarly ambiguous results, while cross-country studies point mostly to a...
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. Bank-level characteristics, on the other hand, such as bank size, operating costs, and composition of loan portfolio …Using a unique bank-level data set on the Ugandan banking system during 1999-2005, the authors explore the factors … not find a robust and economically significant relationship between privatization, foreign bank entry, market structure …
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