The effects of entry regulation on bank competition: the case of the iranian banking industry



Título del documento: The effects of entry regulation on bank competition: the case of the iranian banking industry
Revista: Journal of applied economics
Base de datos: CLASE
Número de sistema: 000423953
ISSN: 1667-6726
Autores: 1
2
Instituciones: 1Institute for Management and Planning Studies, Department of Economics, Teherán. Irán
2Universidad Carlos III de Madrid, Departamento de Economía, Getafe, Madrid. España
Año:
Periodo: May
Volumen: 15
Número: 1
Paginación: 119-137
País: Argentina
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Aplicado
Resumen en inglés We focus on a modified version of the markup test to investigate the impact of entry regulation on competitive conditions in the Iranian banking industry for the period 1996-2006. The time interval under examination corresponds to an era characterized by substantial relaxation of entry barriers and private bank penetration. To estimate Lerner indexes as a measure of bank competition, we set up a simultaneous equation model for unbalanced panel data by utilizing the stepwise maximum likelihood method. We find that concomitantly with the new bank entries a pro-competitive change in the banking industry took place
Disciplinas: Economía
Palabras clave: Banca,
Condiciones económicas,
Econometría,
Regulación económica,
Competencia económica,
Datos de panel,
Banca comercial,
Irán
Texto completo: Texto completo (Ver PDF)