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  • 标题:Measuring market power in the Mongolian banking sector
  • 本地全文:下载
  • 作者:Avralt-Od Purevjav ; Donghun Kim
  • 期刊名称:Banks and Bank Systems
  • 印刷版ISSN:1816-7403
  • 电子版ISSN:1991-7074
  • 出版年度:2013
  • 卷号:8
  • 期号:4
  • 页码:34-46
  • 语种:English
  • 出版社:LLC "CPC "Business Perspectives"
  • 摘要:This paper measures market power in the Mongolian banking sector using bank-level panel data for commercial banks over the period of 1999-2006. The authors show that both the monopoly hypothesis and the perfect competition hypothesis are rejected and that the Mongolian banking sector is instead characterized by monopolistic competition. The results thus show that the Mongolian banking sector is more competitive than market concentration measures may suggest. The authors infer that privatization and the introduction of foreign ownership in the market contributed to the result.
  • 关键词:Mongolian banking sector;market power;Panzar-Rosse model.
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