文章基本信息

标题：Regional Competition in US Banking – Trends and Determinants
本地全文：下载
作者：Alexander Erler ; Horst Gischer ; Bernhard Herz 等
期刊名称：Journal of Finance and Economics
印刷版ISSN：2328-7284
电子版ISSN：2328-7276
出版年度：2018
卷号：6
期号：5
页码：162-172
DOI：10.12691/jfe-6-5-1
出版社：Science and Education Publishing
摘要：Competition in the US banking industry as measured by the Lerner Index has on average increased substantially during the last decade. At the same time, regional differences in competition on the state level have decreased considerably. Based on a dynamic panel framework we find that these developments are mainly driven by industry specific factors such as the costs to income ratio. The empirical evidence indicates that inefficiency and the Lerner index are significant negatively correlated. Macroeconomic conditions appear to have supported these trends in competition, however, to a somewhat lesser extent.
关键词：competition; US banking; efficiency; regional markets