Bank competition in Russia: An examination at different levels of aggregation
María Soledad Martínez Pería and
Martin Melecký ()
Emerging Markets Review, 2012, vol. 13, issue 1, 42-57
We analyze bank competition in Russia at different levels of aggregation. First, we compute a country-level measure of competition and compare it to that for similar-sized economies. Second, we contrast competition across different groups of banks in Russia. Third, we analyze bank competition across Russian regions. We find that banks in Russia are less competitive than those in Brazil, but more so than those in China and India. Large and state-owned banks exert more market power than others. Finally, competition is stronger in regions where there is less bank concentration, greater presence of banks, and greater financial and/or economic development.
Keywords: Bank competition; Market structure (search for similar items in EconPapers)
JEL-codes: G21 L11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ememar:v:13:y:2012:i:1:p:42-57
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