Naslov
Measuring competition in Croatian banking industry

Autori
Kristek, Ivan ; Karačić, Domagoj ; Ćućić, Dražen

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Interdisciplinary management research VII / Barković, Dražen, Runzheimer, Bodo - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2011, 743-753

ISBN
978-953-253-096-4

Skup
Interdisciplinary management research

Mjesto i datum
Poreč, Hrvatska, 13.05.2011. - 15.05.2011

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Bankarski sektor ; konkurencija ; Lerner indeks ; tržišna struktura
(banking industry ; competition ; Lerner index ; market structure)

Sažetak
The overall objective of this paper is to investigate the evolution of market power in the banking industry in the Republic of Croatia since 2002. to 2009. During the last two decade competition has become a frequent topic in the banking literature, great deal of empirical work has attempted to measure the level of competition and concentration. In particular, the paper has a general objective to analyze non-structural and direct measure of bank competition such as the Lerner Index. This measure assumes that each bank set a price to maximize profits, where the price includes two components: marginal cost and margin which is the basis of market power. Index is calculated using the regression analysis. This approach provides more powerful framework to examine industry competition, compared to the commonly used alternatives of using only industry concentration figures such as Herfindahl- Hirschman index, concentration coefficient… For our research we used panel datasets for the Croatian banking industry, provided by Croatian National Bank.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA