Competitive conditions in the Central and Eastern European banking systems |
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Authors: | Manthos D Delis |
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Institution: | Department of Economics, University of Ioannina, Ioannina 45110, Greece |
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Abstract: | The aim of this study is to conduct an empirical analysis of the competitive conditions in the banking systems of Central and Eastern European countries. The well-known model of Panzar and Rosse 1] is implemented on bank-level data over the period 1999–2006. The estimates based on the separate country panels suggest a wide variation in the competitive conditions of the banking systems examined, with some being characterized as (monopolistically) competitive and other as non-competitive. Finally, the results from the full sample indicate that bank revenue is substantially influenced by structural and macroeconomic conditions. |
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Keywords: | G21 L10 C23 |
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