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Ertragsentwicklung und Wettbewerbsbedingungen im österreichischen Bankensektor

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  • Franz R. Hahn

Abstract

Die institutionellen und strukturellen Veränderungen im europäischen, und damit auch im heimischen Finanz- und Bankwesen bilden den Hintergrund für die Analyse der Ertragsentwicklung und der Konkurrenzbedingungen der österreichischen Banken seit dem EU-Beitritt. Die Untersuchung basiert auf Einzelbankdaten für 747 Institute und umfasst die Jahre 1995 bis 2002. Die Schätzungen stützen die traditionelle Structure-Conduct-Performance-Hypothese, d. h. die Erwartung, dass hohe Marktkonzentration überdurchschnittliche Gewinne begünstigt. Allerdings herrscht auf den lokalen Bankmärkten hohes Bedrohungspotential ("contestability"), und dies begrenzt die Umsetzung von lokaler Marktmacht in Extragewinne.

Suggested Citation

  • Franz R. Hahn, 2006. "Ertragsentwicklung und Wettbewerbsbedingungen im österreichischen Bankensektor," WIFO Monatsberichte (monthly reports), WIFO, vol. 79(9), pages 665-677, September.
    • Handle: RePEc:wfo:monber:y:2006:i:9:p:665-677
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    References listed on IDEAS

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    Cited by:

    1. Christian Glocker & Serguei Kaniovski, 2014. "A financial market stress indicator for Austria," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(3), pages 481-504, August.

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