 Konkurencja w sektorze bankowym w Polsce – analiza statystyki H Panzara-Rosse’a. (Competition between commercial banks in Poland – an analysis of Panzar-Rosse H-statistics.)Filip Switala (),
Małgorzata Olszak and
Iwona Kowalska ()
Problemy Zarzadzania, 2014, vol. 12, issue 48, 64-92 Abstract: This paper aims to find out how intense the competition between Polish commercial banks is in the loan market. Using Panzar–Rosse H-statistics and employing several estimation techniques (GLS, one-step GMM and two-step GMM), we find that this intensity is sensitive to the estimator applied. Upon the analysis of results, it can be concluded that competition evolved differently over the years in Poland. In some years, competition was rather high as the H-statistic reached the level of 0.75, which is relatively close to perfect competition. In other years, it gradually decreased reaching its lowest value in 2010, and showed an upward trend in 2011 and 2012. Generally, the values of our competitive environment measure indicate monopolistic competition in Poland. Keywords: competition intensity; marginal costs; contestability; banking industry (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:sgm:pzwzuw:v:12:i:48:y:2014:p:64-92 Access Statistics for this article More articles in Problemy Zarzadzania from University of Warsaw, Faculty of Management Contact information at EDIRC. |
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