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Competitive conditions in the Central and Eastern European banking systems

Manthos Delis ()

Omega, 2010, vol. 38, issue 5, 268-274

Abstract: The aim of this study is to conduct an empirical analysis of the competitive conditions in the banking systems of Central and Eastern European countries. The well-known model of Panzar and Rosse [1] is implemented on bank-level data over the period 1999-2006. The estimates based on the separate country panels suggest a wide variation in the competitive conditions of the banking systems examined, with some being characterized as (monopolistically) competitive and other as non-competitive. Finally, the results from the full sample indicate that bank revenue is substantially influenced by structural and macroeconomic conditions.

Keywords: Market; power; Central; and; Eastern; European; banks; Panzar-Rosse; model (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (30)

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Working Paper: Competitive conditions in the Central and Eastern European banking systems (2008) Downloads
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