TY - JOUR
T1 - Variation in the competition - efficiency nexus : evidence from emerging markets
AU - Duc-Nguyen, Nguyen
AU - Mishra, Anil V.
AU - Daly, Kevin
N1 - Publisher Copyright:
© 2022 Elsevier Inc.
PY - 2023/1
Y1 - 2023/1
N2 - This study documents a large cross-country variation in the relationship between bank competition and efficiency in the context of 24 emerging markets. On average, higher market power is associated with greater bank efficiency, but an increase in market power has a more substantial impact in countries with stricter capital regulation, better market discipline, greater official disciplinary power, more developed financial markets, lower levels of bank branch penetration, and lower credit information availability.
AB - This study documents a large cross-country variation in the relationship between bank competition and efficiency in the context of 24 emerging markets. On average, higher market power is associated with greater bank efficiency, but an increase in market power has a more substantial impact in countries with stricter capital regulation, better market discipline, greater official disciplinary power, more developed financial markets, lower levels of bank branch penetration, and lower credit information availability.
KW - Bank competition
KW - Bank efficiency
KW - Emerging markets
UR - http://hdl.handle.net/1959.7/uws:67579
UR - http://www.scopus.com/inward/record.url?scp=85139365307&partnerID=8YFLogxK
U2 - 10.1016/j.iref.2022.09.008
DO - 10.1016/j.iref.2022.09.008
M3 - Article
SN - 1059-0560
VL - 83
SP - 401
EP - 420
JO - International Review of Economics and Finance
JF - International Review of Economics and Finance
ER -
