Article ID Journal Published Year Pages File Type
5087899 Journal of Asian Economics 2006 16 Pages PDF
Abstract
This paper presents empirical assessments of the competitiveness of the banking industry in China during 1996-2000. Since asset concentration in China's banking industry does not seem to be decreasing, and since it has long been believed that banking industry concentration impairs competitiveness, it is worthwhile to assess the state of competition there. In this paper, we use the Panzar-Rosse method in various ways in order to ensure the robustness of the results. The conclusion is that the banking system in China was already near a state of perfect competition before foreign banks began to enter China's financial market.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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