Conference Paper
What drives bank competition? Some international evidence
Abstract: Using bank-level data, we apply the Panzar and Rosse (1987) methodology to estimate the extent to which changes in input prices are reflected in revenues earned by specific banks in 50 countries' banking systems. We then relate this competitiveness measure to indicators of countries' banking system structures and regulatory regimes. We find systems with greater foreign bank entry and fewer entry and activity restrictions to be more competitive. We find no evidence that our competitiveness measure negatively relates to banking system concentration.
Keywords: Bank competition;
Status: Published in Journal of money, credit, and banking, v. 36, no. 3, pt. 2, June 2004
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Proceedings
Publication Date: 2004
Pages: 563-592