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Rentabilidad, concentración y eficiencia en el sistema bancario mexicano

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Author Info
Guerrero Mora, Rodolfo (Banco de México)
Villalpando Benítez, Mario (Banco de México)
Abstract

In recent years, a growing interest among authorities has emerged to verify which paradigm better explains the profit-structure relationship in the Mexican banking industry: market power or efficiency. To test these two paradigms, this work constructs specific indicators of cost efficiency based on the efficiency frontier concept. This is done in order to incorporate these indicators into the traditional profit-structure test. In contrast to previous studies, this study finds empirical evidence in favor of the market power hypothesis only.// En años recientes ha surgido un creciente interés por verificar el paradigma que mejor explica la relación entre la estructura de mercado y las ganancias en el sistema bancario mexicano: poder de mercado o eficiencia. Para poner a prueba estos paradigmas, en este artículo se elaboran indicadores específicos de eficiencia basados en el concepto de frontera eficiente, los cuales se incorporan en la prueba tradicional de estructura de mercado-conducta-desempeño. En contraste con estudios anteriores, en este artículo se encuentran pruebas en favor sólo de la hipótesis de poder de mercado.

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Publisher Info
Article provided by Fondo de Cultura Económica in its journal El Trimestre Económico.

Volume (Year): LXXVI (1) (2009)
Issue (Month): 301 (enero-marzo)
Pages: 237-263
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:elt:journl:v:76:y:2009:i:301:p:237-263

Contact details of provider:
Web page: http://www.fondodeculturaeconomica.com/

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Postal: Order print issues with Irma Barron at Fondo de Cultura Económica, El Trimestre Económico, Carretera Picacho Ajusco 227, 6° piso,Col. Bosques del Pedregal, CP 14738, Tlalpan, Distrito Federal, México
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Web: http://www.eltrimestreeconomico.com/

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Related research
Keywords: estructura de mercado; industria bancaria; rentabilidad bancaria; eficiencia bancaria;

Find related papers by JEL classification:
D2 - Microeconomics - - Production and Organizations
D4 - Microeconomics - - Market Structure and Pricing
G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages
L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

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This page was last updated on 2009-11-13.


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