Evaluation of banking competition in Morocco: implementation of Panzar and Rosse model

Filali Adib Fatine, Firano Zakaria and Afifa Hakam

International Journal of Economic Policy in Emerging Economies, 2015, vol. 8, issue 3, 245-261

Abstract: This paper assesses the degree of competition in the Moroccan banking sector with the approach of Panzar and Rosse (1987). Thus, a revenue function of the reduced form was estimated using panel data on a sample of five Moroccan banks that hold more than 80% of the credit market. The results confirm empirically that the Moroccan banking sector is not competitive (by price or/and by quantity), is characterised by monopolistic competition which factors are specific to bank behaviour. Furthermore, analysis of the dynamics of the index of Panzar and Rosse between 1993 and 2010 made a claim stabilisation of competitive level, varying between 0.37 and 0.28, which suggests that banks in the presence strategies lead to agreements that reduce competition in the banking sector in Morocco.

Keywords: banking industry; bank concentration; bank liberalisation; banking competition; Morocco; Panzar and Rosse model; bank behaviour. (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=72352 (text/html)
Access to full text is restricted to subscribers.

Related works:
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:ids:ijepee:v:8:y:2015:i:3:p:245-261

Access Statistics for this article

More articles in International Journal of Economic Policy in Emerging Economies from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().