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Competitive conditions in the Central and Eastern European banking systems

  • Delis, Manthos D.

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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Article provided by Elsevier in its journal Omega.

Volume (Year): 38 (2010)
Issue (Month): 5 (October)
Pages: 268-274

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Handle: RePEc:eee:jomega:v:38:y:2010:i:5:p:268-274
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