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This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly competitive and efficient banking sector. Measured by various indicators, efficiency of banking intermediation has been improving in recent years. The banking sector has become...
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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...
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other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …
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Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules guiding entry/exit and consolidation of banks. This paper seeks to refine this view in light of recent changes to financial services provision. Modern banking is largely...
Persistent link: https://www.econbiz.de/10010790360
The ultimate objective of the present paper is to empirically investigate the effectiveness of competition policy in developed and developing countries. Although its importance is continuously increasing, the effectiveness of competition policy still seems to lack the attention that it would...
Persistent link: https://www.econbiz.de/10011109090
Increasing the private sector participation in economic activities and promoting competition were among the First 5 Year Socio-Economic Plan of Iran. This paper will examine the probable changes in monopoly and the size of government during this plan. By considering Concentration ratio as a...
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