1887

OECD Journal: Economic Studies

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OECD Journal: Economic Studies publishes articles in the area of economic policy analysis, applied economics and statistical analysis, generally with an international or cross-country dimension. It draws significantly on economic papers produced by the OECD Economics Department, other parts of the OECD Secretariat and the Organisation’s intergovernmental committees.

English

Efficiency and contestability in emerging market banking systems

This paper explores some of the potential determinants of efficiency and contestability in the banking systems of major emerging countries, using a sample of the 24 countries over the period 2004-13. Stochastic and data envelopment analyses are used to estimate national levels of efficiency, while market contestability is captured through the H-statistic. Panel data econometric methods are used to determine potential drivers of both efficiency and market contestability, which provides the basis for an evaluation of potential complementarities and trade-offs between these two dimensions.

JEL classification: E44, G14, G21, G28, L11

Keywords: Banking, competition, efficiency, emerging markets                                                      

English

JEL: E44: Macroeconomics and Monetary Economics / Money and Interest Rates / Financial Markets and the Macroeconomy; G28: Financial Economics / Financial Institutions and Services / Financial Institutions and Services: Government Policy and Regulation; G14: Financial Economics / General Financial Markets / Information and Market Efficiency; Event Studies; Insider Trading; L11: Industrial Organization / Market Structure, Firm Strategy, and Market Performance / Production, Pricing, and Market Structure; Size Distribution of Firms; G21: Financial Economics / Financial Institutions and Services / Banks; Depository Institutions; Micro Finance Institutions; Mortgages
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