Competition and concentration in the banking sector of the South Eastern European region
E Mamatzakis, C Staikouras… - Emerging Markets …, 2005 - Elsevier
This paper measures the degree of concentration and competition in the South Eastern
European banking sector, an emerging region that has rarely been investigated, over the
period 1998–2002. In the empirical part, we opt for a methodology as proposed by Panzar
and Rosse based on a non-structural estimation of the H-statistic for both interest income
and total operating revenue. The empirical evidence reveals that the banking industry in the
region operates under monopolistic competition. This evidence suggests that there is a non …
European banking sector, an emerging region that has rarely been investigated, over the
period 1998–2002. In the empirical part, we opt for a methodology as proposed by Panzar
and Rosse based on a non-structural estimation of the H-statistic for both interest income
and total operating revenue. The empirical evidence reveals that the banking industry in the
region operates under monopolistic competition. This evidence suggests that there is a non …
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