IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/114612.html
   My bibliography  Save this paper

Типови Промена Концентрације У Банковном Сектору Србије: Декомпозиција Индекса Хиршмана-Херфиндала
[Types of the Changes in Banking Sector of Serbia Concentration: Decomposition of the Hirschman-Herfindahl Index]

Author

Listed:
  • Bukvić, Rajko

Abstract

Serbian: На основу података завршних рачуна банака о пет билансних величина (актива, депозити, капитал, пословни приход, кредити) обрачунати су индекси Хиршмана-Херфиндала за период 2016–2021 (I–IX). Добијене вредности декомпоноване су поступком који су предложили Бахо и Салас, чиме је добијен утицај броја банака и дисперзије њихових удела на вредности индекса концентрације. Затим је извршено класификовање промена концентрације у зависности од односа стопа промена двају фактора. Они су били неједнаки и варирали по годинама. Међу издвојеним типовима промена преодладава пад индекса изазван смањењем неједнакости тржишних удела и смањењем броја банака, при чему је прво веће. Најзад, у 2021. смањен је броја банака уз раст дисперзије њихових удела, што је с теоријског становишта јасан услов раста индекса концентрације. English: On the basis of five balance variables in bank balances (total assets, deposits, capital, operating income, and loans), the Hirschman–Herfindahl indices for period 2016–2021 (I–IX) are calculated. The indices values are decomposed by the Bajo and Salas approach, and the impacts of number of banks and dispersion of its market shares are established. Then we classified the concentration changes, depending on relations between the rates of changes of two factors. They were unequal and vary during the years. Among the identified types of changes there was the most frequent decrease of HHI, caused by decrease of inequality of market shares and decrease of number of banks, where the first was greater. At the end, in 2021 there was the decrease of banks number with increase of dispersion of its shares, which is in theoretical sense condition for the increase of concentration index.

Suggested Citation

  • Bukvić, Rajko, 2022. "Типови Промена Концентрације У Банковном Сектору Србије: Декомпозиција Индекса Хиршмана-Херфиндала [Types of the Changes in Banking Sector of Serbia Concentration: Decomposition of the Hirschman-He," MPRA Paper 114612, University Library of Munich, Germany, revised 2022.
    • Handle: RePEc:pra:mprapa:114612
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/114612/1/MPRA_paper_114612.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Oscar Bajo & Rafael Salas, 2002. "Inequality foundations of concentration measures: An application to the Hannah-Kay indices," Spanish Economic Review, Springer;Spanish Economic Association, vol. 4(4), pages 311-316.
    2. Bukvić, Rajko, 2020. "Measuring of Concentration and Competition: Serbian Banking Sector," MPRA Paper 107465, University Library of Munich, Germany, revised 2020.
    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, 2023. "Market Concentration in banking sector of Serbia: decomposition of the Changes in 2016–2021," MPRA Paper 120970, University Library of Munich, Germany, revised 2023.
    2. Dorian Owen, 2014. "Measurement of competitive balance and uncertainty of outcome," Chapters, in: John Goddard & Peter Sloane (ed.), Handbook on the Economics of Professional Football, chapter 3, pages 41-59, Edward Elgar Publishing.
    3. Ivan Brezina & Juraj Pekár, 2013. "Analýza citlivosti hodnot Herfidalovho-Hirschmanovho indexu slovenského bankového sektora [Sensitivity Analysis of Herfindahl-Hirschman Index on the Slovak Banking Sector]," Politická ekonomie, Prague University of Economics and Business, vol. 2013(6), pages 735-751.
    4. Bukvić, Rajko, 2022. "Concentration in Serbian Insurance Sector: 2011–2020 Changes and Their Decomposition," MPRA Paper 113386, University Library of Munich, Germany, revised 2022.
    5. Frederico Rocha & Sálua Bueno & Luiza Nassif Pires, 2007. "Dinâmica Da Concentração De Mercado Na Indústria Brasileira, 1996-2003," Anais do XXXV Encontro Nacional de Economia [Proceedings of the 35th Brazilian Economics Meeting] 141, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    6. I. Brezina & J. Pekár & Z. Čičková & M. Reiff, 2016. "Herfindahl–Hirschman index level of concentration values modification and analysis of their change," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 24(1), pages 49-72, March.
    7. P. Dorian Owen & Nicholas King, 2015. "Competitive Balance Measures In Sports Leagues: The Effects Of Variation In Season Length," Economic Inquiry, Western Economic Association International, vol. 53(1), pages 731-744, January.
    8. Owen, P. Dorian, 2010. "Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues," Economics Letters, Elsevier, vol. 109(1), pages 38-41, October.
    9. Fernando Ávila & Emilio Flores & Fabrizio López-Gallo & Javier Márquez, 2013. "Concentration indicators: assessing the gap between aggregate and detailed data," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Proceedings of the Sixth IFC Conference on "Statistical issues and activities in a changing environment", Basel, 28-29 August 2012., volume 36, pages 542-559, Bank for International Settlements.
    10. Irving Fisher Committee, 2013. "Proceedings of the Sixth IFC Conference on "Statistical issues and activities in a changing environment", Basel, 28-29 August 2012," IFC Bulletins, Bank for International Settlements, number 36.
    11. repec:qut:auncer:2013_04 is not listed on IDEAS
    12. Guglielmo D’Amico & Giuseppe Di Biase & Raimondo Manca, 2011. "Immigration Effects On Economic Systems Through Dynamic Inequality Indices," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 5(5), pages 11-25.
    13. Bukvić, Rajko, 2022. "Концентрация И Конкуренция В Современном Банковском Секторе Сербии: Перемены И Декомпозиция Индекса Херфиндаля – Хиршмана [Concentration and Competition in Modern Banking Sector of Serbia: Changes ," MPRA Paper 112928, University Library of Munich, Germany, revised 2022.
    14. Guglielmo D’Amico & Giuseppe Di Biase & Raimondo Manca, 2015. "Measuring Income Inequality: An Application Of The Population Dynamic Theil'S Entropy," Accounting & Taxation, The Institute for Business and Finance Research, vol. 7(1), pages 103-114.
    15. Bukvić, Rajko, 2022. "Koncentracija u sektoru osiguranja u Srbiji: promene u periodu 2011–2020. i njihova dekompozicija [Concentration in Serbian Insurance Sector: 2011–2020 Changes and Their Decomposition]," MPRA Paper 113347, University Library of Munich, Germany, revised 2022.
    16. Najahi, Akbar & Mousavi Jahromi, Yeghaneh & Khodadadkashi, Farhad & Haji, Golam Ali, 2016. "Relationship between Structure and Performance in the Banking Industry of Iran," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 11(4), pages 443-466, October.
    17. P. Owen & Michael Ryan & Clayton Weatherston, 2007. "Measuring Competitive Balance in Professional Team Sports Using the Herfindahl-Hirschman Index," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 31(4), pages 289-302, December.

    More about this item

    Keywords

    концентрација; банковни сектор; декомпозиција индекса Хиршмана-Херфиндала; број банака; дисперзија тржишних удела; типови промена степена концентрације; concentration; banking sector; decomposition of the index Hirschman–Herfindahl; number of banks; dispersion of market shares; types of the concentration degree changes;
    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
    • L19 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Other

    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:114612. 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.