| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7356278 | Journal of Applied Economics | 2012 | 19 Pages |
Abstract
We focus on a modified version of the markup test to investigate the impact of entry regulation on competitive conditions in the Iranian banking industry for the period 1996-2006. The time interval under examination corresponds to an era characterized by substantial relaxation of entry barriers and private bank penetration. To estimate Lerner indexes as a measure of bank competition, we set up a simultaneous equation model for unbalanced panel data by utilizing the stepwise maximum likelihood method. We find that concomitantly with the new bank entries a pro-competitive change in the banking industry took place.
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Authors
Nasser Khiabani, Mehdi Hamidisahneh,