Efficient payment services underpin the smooth operation of the economy. Competition and innovation are key drivers for … determinants that affect pricing, competition and the incentives to innovate in the payment market. While the payment landscape is …

This paper is the first detailed and world-wide investigation of the developments in banking competition during the … downward trend in competition to increased bank size and the shift from traditional intermediation to off-balance sheet … the banking industry. The changes in competition over time are small on average, but substantial for several countries and …

overestimated and that the tests on both monopoly and perfect competition are distorted. This is due to the use of bank revenues …This paper demonstrates that the level of competition in the existing Panzar Rosse (P-R) literature is systematically … divided by total assets as dependent variable in the P-R model instead of unscaled bank revenues. We provide both theoretical …

that competition increases with bank size. We show that misspecification of the P-R model in the existing literature leads … absolute figures and relative to the size of smaller banks. This paper analyzes the impact of this development on competition … by assessing the relation between bank size and market power. We use an extended version of the Panzar-Rosse (P-R) model …

investigate why this occurs, propose a frontier measure of competition, and apply it to five major bank service lines using data … only available since 2008. Fee-based banking services comprise 35% of bank revenues so assessing competition by service …The three main measures of competition (HHI, Lerner Index, and H-Statistic) are uncorrelated for U.S. banks. We …

competing risks model. We have distinguished two types of rating transitions: upgrading and downgrading. We have used some bank … characteristics, like country of domicile, type of bank, initial rating, as explanatory variables in our model. We have found that … longer a rating has not changed, the higher the probability that it will be upgraded. Furthermore, the type of bank and …

inefficiencies on a set of a bank.s strategic choices, local banking market variables, and local (regional) macro variables. For the …

Using a measure of competition based on the Panzar-Rosse model, this paper explains bank competition across 76 … countries on the basis of various determinants. Studies explaining banking competition are rare and typically insuffciently … number of banks and banking concentration, have been considered the major determinants of competition in the banking sector …