Market power versus efficient-structure in Arab GCC banking

Saeed Al-Muharrami and Kent Matthews

Applied Financial Economics, 2009, vol. 19, issue 18, 1487-1496

Abstract: This article evaluates the performance of the Arab Gulf Cooperation Council (GCC) banking industry in the context of the Structure-Conduct-Performance (SCP) hypothesis in the period 1993 to 2002. This article uses panel estimation differentiating between bank fixed effects and country fixed effects. It examines the Relative-Market-Power (RMP) and the Efficient-Structure (ES) hypotheses differentiating between the two by employing a nonparametric measure of technical efficiency, and finds that the banking industry in the Arab GCC countries is best explained by the mainstream SCP hypothesis. The empirical results do not find any support for the Hicks' (1935) 'Quiet Life' (QL) version of the market power hypothesis.

Date: 2009
References: View complete reference list from CitEc
Citations: View citations in EconPapers (50)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/09603100902845478 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Market Power versus Efficient-Structure in Arab GCC Banking (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apfiec:v:19:y:2009:i:18:p:1487-1496

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAFE20

DOI: 10.1080/09603100902845478

Access Statistics for this article

Applied Financial Economics is currently edited by Anita Phillips

More articles in Applied Financial Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().