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Market structure and competition in German banking: Modules I and IV

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  • Koetter, Michael

Abstract

[Conclusion] This module tests whether regional differences in banking market competition and other bank traits can explain differences in regional industry output growth. For identification we rely on the assumptions that different sectors of the economy require structurally different levels of external finance as in Rajan and Zingales (1998) and that banking markets are regionally delineated. In addition to aggregate industry growth, we decompose output growth into three components as suggested in Basu et al. (2009) and applied to primarily German micro firms in Inklaar et al. (2012). [...]

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  • Koetter, Michael, 2013. "Market structure and competition in German banking: Modules I and IV," Working Papers 06/2013, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.
  • Handle: RePEc:zbw:svrwwp:062013
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    2. Buch, Claudia M. & Koetter, Michael & Ohls, Jana, 2016. "Banks and sovereign risk: A granular view," Journal of Financial Stability, Elsevier, vol. 25(C), pages 1-15.
    3. Francesco D'Acunto & Marcel Prokopczuk & Michael Weber, 2017. "Historical Antisemitism, Ethnic Specialization, and Financial Development," CESifo Working Paper Series 6643, CESifo Group Munich.
    4. repec:bla:ecaffa:v:37:y:2017:i:2:p:254-270 is not listed on IDEAS
    5. Bierbrauer, Felix, 2014. "Tax incidence for fragile financial markets," Journal of Public Economics, Elsevier, vol. 120(C), pages 107-125.
    6. Matteo Crosignani & Miguel Faria-e-Castro & Luís Fonseca, 2015. "The Portuguese Banking System during the Sovereign Debt Crisis," Economic Bulletin and Financial Stability Report Articles, Banco de Portugal, Economics and Research Department.

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