Delis, Manthos D (2008): Competitive conditions in the Central and Eastern European banking systems.
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The aim of this study is to conduct a large-scale empirical analysis of the competitive conditions in the banking systems of Central and Eastern European countries. The well-known model of Panzar and Rosse (1987) 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.
|Item Type:||MPRA Paper|
|Original Title:||Competitive conditions in the Central and Eastern European banking systems|
|Keywords:||Market power; Central and Eastern European banks; Panzar-Rosse model|
|Subjects:||D - Microeconomics > D2 - Production and Organizations > D20 - General
C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C33 - Panel Data Models ; Spatio-temporal Models
G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages
|Depositing User:||Manthos Delis|
|Date Deposited:||10. Mar 2009 05:42|
|Last Modified:||14. Feb 2013 02:49|
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