approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … ignores differences in bank product quality and design, as well as the attractiveness of innovations. We measure competition …This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This …

Policy makers in Europe have been concerned that lack of product market competition have led productivity to lag behind … the US. Theoretical models are ambiguous about the direction of the effect that product market competition should have on … productivity. On the one hand increasing competition lowers firm's profits and thus reduces incentives to exert effort (the …

period 1998-2005 and discusses the results from the perspective of corporate bank strategy. Methodologically the existing … concentration of the national financial sector have a considerable impact on a bank's financial performance. Both issues proved to …

foreign bank lending on firm growth and financing. Foreign lending stimulates growth in firm sales, assets, and leverage, but …-1993 – arguably the most connected businesses – benefit least from foreign bank entry. This finding suggests that foreign banks can …

stronger competition implies significantly lower spreads between bank and market interest rates for most loan market products … where competitive pressures are stronger. Further, where loan market competition is stronger, we observe larger bank spreads …This paper analyses the impact of loan market competition on the interest rates applied by euro area banks to loans and …

estimation. The analysis allows to distinguish between rents that accrue due to single bank lending, rents that accrue due to … relationship lending, and rents that accrue due to the elimination of competition among multiple lenders. We find the relationship …

Private banks often blame state guarantees to distort competition by giving public banks the advantage of lower funding … costs. In this paper I show that if borrowers perceive the public bank as supporting economic development, private banks may … disadvantage. The public bank's competitive advantage may be offset, independently of what its true objective function is. Even …