Competition in the banking sector: New evidence from a panel of emerging market economies and the financial crisis
Nicholas Apergis ()
Emerging Markets Review, 2015, vol. 25, issue C, 154-162
Abstract:
This paper assesses competition across the banking systems in emerging market economies. The analysis employs the Panzar and Rosse (1987) methodology, spanning the period 2000–2012. The analysis emphasises the impact of the recent financial crisis on the extent of competition in these banking systems. The empirical findings are robust and consistent with those of previous studies, providing sufficient evidence in favour of monopolistic competition across all countries under investigation. The level of competition in these banking sectors seems to have undergone a significant decline after the recent financial crisis. This finding receives robust support from an alternative methodological approach.
Keywords: Banking; Monopolistic competition; Panel data; Panzar–Rosse index; Adjusted-Lerner index; Emerging markets (search for similar items in EconPapers)
JEL-codes: C33 G21 L10 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (20)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ememar:v:25:y:2015:i:c:p:154-162
DOI: 10.1016/j.ememar.2015.08.001
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