banking reform to introduce an appropriate competition mechanism has had a positive effect on the efficiency and stability of … the last ten years and investigate how market power affects bank efficiency and stability. Design … analyzes the relationship between market power and bank efficiency, stability in the last ten years. Findings – The results …

Purpose The purpose of this paper is to examine the empirical effect of competition on cost and profit efficiency in …) to estimate cost and profit efficiency scores. In the second stage, the authors measure insurance market competition … which controls for heteroskedasticity to examine the effect of competition on the estimated efficiency scores. Firm size …

Purpose – The study aims to investigate the relationship between competition and efficiency. Using bank-level data for … Indian banks, relationship between competition and efficiency is examined by applying the Granger causality test for the … competition. Data envelopment analysis technique is applied for measuring efficiency in the Indian banking system along with the …

Purpose This study aims to consider the effect of financial (banking) freedom and competition on bank efficiency … both competition (market power) and bank cost efficiency using the same stochastic frontier framework. Subsequently, Tobit … between competition and bank efficiency. Findings The results show that increase in market power (less competition) leads to …

Purpose – The purpose of this paper is to examine the relationship between competition and efficiency in the Ghanaian … efficiency (CE) and competition within the banking industry. From the empirical estimations, the findings suggest that … banking industry. Design/methodology/approach – Data on 26 banks from 2004 to 2011 is used to estimate technical and cost-efficiency …

reasons support trade restraints. The newest argument is that open trade leads to a “race to the bottom” in the regulation of …. But the remainder of the race to the bottom argument rests on assumptions about regulation, the political process, and … trade that do not stand up to examination. While responses to increased international competition will vary, the effects of …

competitive entrants, and therefore, regulation should curb such power. However, the existence of market power is an inference … from conventional thinking on markets and competition. Professor Kirzner overturned this thinking, by introducing a … itself according to unreliable contrived views of market efficiency. Based on Kirzner´s process view, this paper outlines an …

customers prefer, and the advantages of competition over regulation.Cet article propose une analyse et une défense de la …This paper presents an analysis and defense of competition in retail electricity supply. It includes some account of …. The development of this competition illustrates a number of the themes in Israel M. Kirzner’s writing – for example, the …