Market structure in the banking sector: evidence from a developing economy

Matousek, Roman, Nguyen, Thao Ngoc and Stewart, Chris (2013) Market structure in the banking sector: evidence from a developing economy. (Discussion Paper) Kingston upon Thames, U.K. : Faculty of Arts and Social Sciences, Kingston University. 23 p. (Economics Discussion Paper, no. 2013/01)

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Abstract

This paper examines the market structure of Vietnam’s banking system from 1999 to 2009 using the non-structural (Panzar-Rosse) model. We consider a more comprehensive range of specifications, in terms of a greater number of environmental covariates and different dependent variables, than in previous applications of this model. Further, this is the first study that uses lagged input prices (to avoid endogeneity) and excludes assets (to avoid specification bias) in such a study of the Vietnamese banking system. We find that the Vietnamese banking system operates in monopolistic competition with non-state owned commercial banks behaving more competitively than state owned commercial banks.

Item Type: Monograph (Discussion Paper)
Uncontrolled Keywords: banking, performance, non-structural model, Vietnam
Research Area: Economics and econometrics
Faculty, School or Research Centre: Faculty of Arts and Social Sciences > School of Economics, History and Politics (from November 2012)
Depositing User: Susan Miles
Date Deposited: 20 Jun 2013 14:20
Last Modified: 20 Jun 2013 14:20
URI: http://eprints.kingston.ac.uk/id/eprint/25914

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