-Rosse (1987) approach to measuring market concentration, we find evidence of perfect competition prevailing in Korean banking …

Using a sample of US banks between 2001 and 2013, this paper investigates the impact of competition on bank efficiency … on efficiency, and the effect of the interaction between competition and securitization on efficiency. We confirm that … higher competition reduces efficiency. More importantly, our empirical findings suggest that banks securitizing their loans …

This paper investigates the different effects of competition and securitization on US bank efficiency between 2001 and … that higher securitization increases banks’ cost efficiency scores. When banks are under competitive pressure, the fixed …-effects and GMM models show that securitization is positively associated with the cost efficiency of banks, while it mitigates …