IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/100591.html
   My bibliography  Save this paper

Концентрация И Конкуренция В Современном Банковском Секторе Сербии: Анализ Индексов Концентрации
[Concentration and Competition in Modern Serbian Banking Sector: Concentration Indices Analysis]

Author

Listed:
  • Bukvić, Rajko

Abstract

Russian. В статье анализируется степень концентрации и конкуренция в современном банковском секторе в Сербии, в частности в годах 2016-2019. Анализ обоснован на финансовых отчётах банков. Использованы традиционные показатели концентрации (CRn и HH индексы) и индекс Джини, и сравнительно редко пользованные индексы Линда. Степень концентрации вычислялся на основе пяти величин: совокупные активы, депозиты, капитал, оперативные доходы банков, и кредиты. Показано, что среди сравнительно большого числа банков в Сербии существующий степень концентрации сравнительно низкий, что созидает условия для развития здоровой конкуренции между ними. Ключевые слова: концентрация, конкуренция, банковский сектор, Сербия, индексы Линда, Херфиндаль-Хиршман индекс, Джини коэффициент English. The paper analyzes the degree of concentration and competition in modern Serbian banking sector, particularly in the years 2016-2019. The analysis is based on bank financial statements. It uses the traditional concentration indicators (CRn and HH indices) and Gini index, as well as the relatively rarely used Linda indices. The concentration degree is calculated based on five variables: total assets, deposits, capital, operating income of banks, and loans. It has been demonstrated that in the case of the relatively large number of banks in Serbia, the existing concentration degree is relatively low, which provides suitable conditions for the development of healthy competition among them. However, the approximation of the indices to moderate concentration within the period analyzed warns of the appearance of oligopoly.

Suggested Citation

  • Bukvić, Rajko, 2020. "Концентрация И Конкуренция В Современном Банковском Секторе Сербии: Анализ Индексов Концентрации [Concentration and Competition in Modern Serbian Banking Sector: Concentration Indices Analysis]," MPRA Paper 100591, University Library of Munich, Germany, revised 2020.
    • Handle: RePEc:pra:mprapa:100591
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/100591/1/MPRA_paper_100591.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Bukvić, Rajko, 2017. "Concentration and Competition in Serbian Banking Sector," MPRA Paper 85161, University Library of Munich, Germany, revised 2017.
    2. Berger, Allen N & Hannan, Timothy H, 1989. "The Price-Concentration Relationship in Banking," The Review of Economics and Statistics, MIT Press, vol. 71(2), pages 291-299, May.
    3. Bukvić, Rajko, 1999. "Istraživanja tržišnih struktura u privredi druge Jugoslavije [Researches of the Market Structures in the Economy of the Former Yugoslavia]," MPRA Paper 73670, University Library of Munich, Germany, revised 1999.
    4. Berger, Allen N. & Demsetz, Rebecca S. & Strahan, Philip E., 1999. "The consolidation of the financial services industry: Causes, consequences, and implications for the future," Journal of Banking & Finance, Elsevier, vol. 23(2-4), pages 135-194, February.
    5. Nicola Cetorelli, 2004. "Real effects of bank competition," Proceedings, Federal Reserve Bank of Cleveland, pages 543-562.
    6. Bikker, Jacob A. & Haaf, Katharina, 2002. "Competition, concentration and their relationship: An empirical analysis of the banking industry," Journal of Banking & Finance, Elsevier, vol. 26(11), pages 2191-2214, November.
    7. Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bukvić, Rajko, 2017. "Концентрација И Конкуренција У Банковном Сектору Србије [Concentration and Competition in Serbian Banking Sector]," MPRA Paper 81711, University Library of Munich, Germany, revised 2017.
    2. Bukvić, Rajko, 2017. "Примена Индекса Линда У Истраживању Концентрације И Конкуренције У Банковном Сектору Србије [The Use of Linda Indices in Research of Concentration and Competition in Serbian Banking Sector]," MPRA Paper 85718, University Library of Munich, Germany.
    3. Bukvić, Rajko, 2019. "Evolution and Current Status of the Competitive Environment in the Serbian Banking Sector: Concentration Indices Analysis," MPRA Paper 98341, University Library of Munich, Germany, revised 2019.
    4. Bukvić, Rajko, 2020. "Measuring of Concentration and Competition: Serbian Banking Sector," MPRA Paper 107465, University Library of Munich, Germany, revised 2020.
    5. Ansari, Jugnu, 2012. "A New Measure of Competition in Indian Loan Market," MPRA Paper 50108, University Library of Munich, Germany.
    6. Jugnu Ansari, 2013. "A new measure of competition in Indian loan markets," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 2(4), pages 60-77, October.
    7. Carol Ann Northcott, 2004. "Competition in Banking: A Review of the Literature," Staff Working Papers 04-24, Bank of Canada.
    8. Bukvić, Rajko, 2017. "Concentration and Competition in Serbian Banking Sector," MPRA Paper 85161, University Library of Munich, Germany, revised 2017.
    9. Carbó, Santiago & Humphrey, David & Maudos, Joaquín & Molyneux, Philip, 2009. "Cross-country comparisons of competition and pricing power in European banking," Journal of International Money and Finance, Elsevier, vol. 28(1), pages 115-134, February.
    10. Khan, Habib Hussain & Ahmad, Rubi Binti & Chan, Sok Gee, 2018. "Market structure, bank conduct and bank performance: Evidence from ASEAN," Journal of Policy Modeling, Elsevier, vol. 40(5), pages 934-958.
    11. Simbanegavi, Witness & Greenberg, Josh & Gwatidzo, Tendai, 2012. "Testing for competition in the South African banking sector," MPRA Paper 43627, University Library of Munich, Germany.
    12. Florian Leon, 2015. "What do we know about the role of bank competition in Africa?," CERDI Working papers halshs-01164864, HAL.
    13. Coccorese, Paolo & Pellecchia, Alfonso, 2013. "Multimarket contact, competition and pricing in banking," Journal of International Money and Finance, Elsevier, vol. 37(C), pages 187-214.
    14. Bukvić, Rajko, 2020. "Concentration and Competition in Serbian Banking Sector in the Period 2016–2018," MPRA Paper 102395, University Library of Munich, Germany.
    15. Khaldoun M. Al-Qaisi, 2018. "A Literature Review on the Competition in the Banking Sector," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 8(1), pages 174-184, January.
    16. Bos, J.W.B. & Chan, Y.L. & Kolari, J.W. & Yuan, J., 2010. "Competition and critical mass," Research Memorandum 063, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    17. J.W.B. Bos & I. Chan & J. Kolari & J. Yuan, 2009. "A Fallacy of Division: The Failure of Market Concentration as a Measure of Competition in U.S. Banking," Working Papers 09-33, Utrecht School of Economics.
    18. Abdul Majid, Muhamed Zulkhibri & Sufian, Fadzlan, 2007. "Market Structure and Competition in Emerging Market: Evidence from Malaysian Islamic Banking Industry," MPRA Paper 12126, University Library of Munich, Germany, revised 01 Jul 2007.
    19. Gloria Pasadilla & Melanie Milo, 2005. "Effect of Liberalization on Banking Competition," Development Economics Working Papers 22676, East Asian Bureau of Economic Research.
    20. Horst Gischer & Toni Richter, 2011. "'Global Player' im Bankenwesen - ökonomisch sinnvoll oder problembehaftet?," FEMM Working Papers 110012, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.

    More about this item

    Keywords

    концентрация; конкуренция; банковский сектор; Сербия; индекс концентрации; индекс Хиршман-Херфиндаль; Джини коэффициент; коэффициент Тайдмана-Холла; индексы Линда; неоднозначность результатов; concentration; competition; banking sector; Serbia; concentration index; Herfindahl-Hirschman index; Gini coefficient; Tideman-Hall coefficient; Linda indices; unequivocal results;
    All these keywords.

    JEL classification:

    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:100591. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.