Competition and concentration in the banking sector of the South Eastern European region

By Emmanuel C. Mamatzakis, Christos Staikouras, N. Koutsomanoli-Fillipaki. 2005

141 citations recorded by the source corpus.

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-collusive behaviour among the banks, portraying the existence of a contestable market. In addition, an equilibrium is present in the long run and over the years the market conditions are registering a gradual improvement in terms of competition.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/314fba4fb9a5e1516f39e31f6095350bb19ad754

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Citations in the corpus

Determinants of bank profitability in the South Eastern European region (2008, background): “Table 3 lists the variables used to proxy profitability and its determinants (we also include notation and the expected effect of the determinants according to the literature), and Table 4 presents country averages.”
What are the driving forces of bank competition across different income groups of countries (2014, methodology): “In empirical work, a 4 For a body of recent literature using H-statistic to gauge the degree of bank competition, see, e.g. Mamatzakis et al. (2005), Levy Yeyati and Micco (2007) and Delis (2010) for emerging economies, and Matthews et al. (2007) an Goddard and Wilson (2009) for advanced economies…”