Advanced Search
MyIDEAS: Login to save this article or follow this journal

Efficience du système bancaire, structure du marché de crédit et activité économique

Contents:

Author Info

  • Nicolas Eber

Abstract

[eng] Banking system efficiency, loan market structure and economic activity. . German and Japanese ("bank-oriented") financial systems are featured by the dominance of a small number of large banks. Despite the high concentration of the banking market, it is often argued that such financial systems are efficient and good for the economic activity. The purpose of the present paper is to justify that a highly concentrated banking sector is not incompatible with high levels of investment and activity. To do that, we use a slightly simplified version of Sussman's [1993] model of spatial banking competition. We show that a more efficient banking system increases simultaneously the concentration of the loan market and the level of activity. Moreover, it also makes the economy less sensitive to real or monetary shocks since it reduces the intensity of the credit channel in the propagation of such shocks. [fre] Les systèmes financiers allemand et japonais, « orientés banque », sont caractérisés par la domination d'un petit nombre de grandes banques. Malgré la forte concentration du marché bancaire, il est souvent défendu que ces systèmes financiers sont efficaces et bénéfiques à l'activité économique. L'objet de cet article est d'expliquer pourquoi un secteur bancaire fortement concentré n'est pas incompatible avec des niveaux élevés d'investissement et d'activité. Pour cela, nous partons d'une version simplifiée du modèle de concurrence bancaire spatiale proposé par Sussman [1993]. Nous montrons qu'un système bancaire plus efficient accroît simultanément la concentration du marché de crédit et le niveau de l'activité économique. De plus, un système bancaire efficient rend l'économie moins sensible aux chocs réels et monétaires. Notre modèle met donc en évidence le rôle de la structure du marché bancaire dans la propagation des chocs macroéconomiques.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.persee.fr/web/revues/home/prescript/article/reco_0035-2764_2000_num_51_6_410588
Download Restriction: Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/

File URL: http://www.persee.fr/articleAsPDF/reco_0035-2764_2000_num_51_6_410588/reco_0035-2764_2000_num_51_6_410588.pdf?mode=light
Download Restriction: Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Programme National Persée in its journal Revue économique.

Volume (Year): 51 (2000)
Issue (Month): 6 ()
Pages: 1333-1353

as in new window
Handle: RePEc:prs:reveco:reco_0035-2764_2000_num_51_6_410588

Note: DOI:10.2307/3503024
Contact details of provider:
Web page: http://www.persee.fr/web/revues/home/prescript/revue/reco

Related research

Keywords:

Other versions of this item:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:prs:reveco:reco_0035-2764_2000_num_51_6_410588. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.