Banking competition in Africa: Subregional comparative studies

Samuel Fosu

Emerging Markets Review, 2013, vol. 15, issue C, 233-254

Abstract: This paper examines the extent of banking competition in African subregional markets. A dynamic version of the Panzar–Rosse model is adopted beside the static model to assess the overall extent of banking competition in each subregional banking market over the period 2002 to 2009. Consistent with other emerging economies, the results suggest that African banks generally demonstrate monopolistic competitive behaviour. Although the evidence suggests that the static Panzar–Rosse H-statistic is downwards biased compared to the dynamic version, the competitive nature identified remains robust to alternative estimators.

Keywords: Market structure; African banking; Competition; Panzar–Rosse model (search for similar items in EconPapers)
JEL-codes: D40 G21 L10 L13 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ememar:v:15:y:2013:i:c:p:233-254

DOI: 10.1016/j.ememar.2013.02.001

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