Arize, Augustine C. and Kallianotis, Ioannis N. and Kasibhatla, Krishna M. and Malindretos, John and Rivera-Solis, Luis Eduardo (2008): Empirical evidence on the relationships between concentration and profitability in Latin American banking. Published in: American Business Review , Vol. Vol.XX, No. No.1 (January 2010): pp. 87-96.
Download (77kB) | Preview
There has been growth in globalization as a result of increased liberalization. This has also resulted in an increase in the role of financial institutions, such as banks. It is the purpose of this study to test Classen’s (2001) hypothesis that increase foreign bank presence has positive welfare implications and that the functioning of national banking markets are improved as a result. Using financial data for 2003 this paper will examine the influence of foreign bank entry on Latin American domestic markets.
|Item Type:||MPRA Paper|
|Original Title:||Empirical evidence on the relationships between concentration and profitability in Latin American banking|
|Keywords:||Latin American banking; Concentration and Profitability; Foreign Bank Influence|
|Subjects:||L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L25 - Firm Performance: Size, Diversification, and Scope
G - Financial Economics > G1 - General Financial Markets > G15 - International Financial Markets
D - Microeconomics > D4 - Market Structure, Pricing, and Design > D43 - Oligopoly and Other Forms of Market Imperfection
F - International Economics > F3 - International Finance > F39 - Other
|Depositing User:||Dr. Luis Rivera|
|Date Deposited:||21. Nov 2011 08:52|
|Last Modified:||12. Feb 2013 10:13|
Bonitsis, T.H. and Rivera-Solis, L.E.,(1995). “External Liberalization of Banking and Industrial Concentration: The Evidence from Spain”. The Journal of Applied Business Research, 7-15. 3.
Claessens, S., A. Demirgüç-Kunt, and H. Huizinga (2001) How Does Foreign Entry Affect the Domestic Banking market?”, Journal of Banking and Finance, 25, 891-911.
Claessens, S., Glaessner, T., and Klingebiel, D., (2002). “Electronic Finance: a new approach to financial sector develop- ment?”, Washington: The World Bank, World Bank Discussion Paper, 431.
Clarke, G., Cull, R., D’amato, L., and Molinari, A., (1999). “The Effects of Foreign Entry on Argentina’s Domestic Banking Sector”, Washington: The World Bank, Policy Research Working Paper 2158.
Kumbhakar, S. C., Lozano-Vivas, A., Lovel, C. A. K., and Hasan, I.,( 2001). “The Effects of Deregulation on the Performance of Financial Institutions: the case of Spanish savings banks”, Journal of Money, Credit and Banking, 33, 101-120.
Latin Finance, Latin Banking Guide & Directory 2003, August 2003, No. 149.
Levine, R., (1997). “Financial development and economic growth: views and agenda”, Journal of Economic Literature, 35, 88- 726.
Levine, R., (1996). “Foreign banks, financial development, and economic growth”, In: Barfield, C. E. (ed.), International inancial Markets: Harmonization versus Competition, Washington, D. C.. The AEI Press, 224-254.
Montinola, G. and Moreno, R., (2001). “The Political Economy of Foreign Bank Entry and its Impact: theory and a case study”, Federal Reserve Bank of San Francisco, Centre for Pacific Basin Monetary and Economic Studies Working Paper PB01- 11.