کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5084250 1477834 2008 14 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Banking crisis and financial structure: A survival-time analysis
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Banking crisis and financial structure: A survival-time analysis
چکیده انگلیسی
This paper applies non-parametric and parametric methods of survival analysis to the international bank crisis data. The empirical results suggest that concentration in the banking sector increases the survival time. Additionally, the results associated with survival functions indicate that the G-10 and non-G10 countries constitute two distinct groups of countries, where the non-G10 countries have a higher incidence of failure (bank crisis). The parametric survival time regressions (Weibull) confirm the possibility that the effects of the covariates on bank crises may have different dynamics in the G-10 and non-G10 countries. Subsequent analysis on bank concentration reveals the sources of the different dynamics associated with bank crises in developed and developing countries. The results suggest that higher bank concentration in developing countries may be related to the absence of competitive forces in the economic and political structure.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Review of Economics & Finance - Volume 17, Issue 4, October 2008, Pages 589-602
نویسندگان
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