Paper Information

Journal:   JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW)   WINTER 2009 , Volume 5 , Number 4 (19); Page(s) 81 To 105.
 
Paper: 

THE ANALYSIS OF MARKET STRUCTURE IN BANKING INDUSTRY: THE APPLICATION OF DAVIES'U INDEX

 
 
Author(s):  PAZHOUYAN J.*, SHAFIEI AFSANEH
 
* ALLAME TABATABAI UNIVERSITY, TEHRAN, IRAN
 
Abstract: 

This paper analyzes banking market structure using unbalanced panel data models for 17 banks functioning in Iran's economy, spanning 1996-2008. To study market structure, various measures of market concentration are examined theoretically; however, the U index of concentration is applied in Iran's banking sector for the first time. The results showed that along with the commencement of privatization in Iran's banking sector (2001), U index of concentration has tended to decrease gradually, meaning that competition in Iran's banking market is to intensify in the long run. This can be justified regarding the sensitivity of U index to the entrance of new banks (a=0.784). Therefore, banking market competition may intensify just in case some policy measures are taken in this respect.

 
Keyword(s): MARKET STRUCTURE, DAVIES' U INDEX, COST FUNCTION, IRAN'S BANKING SYSTEM
 
References: 
  • ندارد
 
  Persian Abstract Yearly Visit 60
 
Latest on Blog
Enter SID Blog