eprintid: 2197
rev_number: 8
eprint_status: archive
userid: 6
dir: disk0/00/00/21/97
datestamp: 2014-06-03 12:30:09
lastmod: 2014-06-03 12:30:09
status_changed: 2014-06-03 12:30:09
type: article
metadata_visibility: show
creators_name: Vardar, Gülin
creators_name: Aydoğan, Berna
creators_name: Seven, Ünal
creators_id: 
creators_id: 
creators_id: unal.seven@imtlucca.it
title: The competitive conditions of the banking industry in the post-crises period: an analysis of Turkish banks
ispublished: pub
subjects: HB
subjects: HD
divisions: EIC
full_text_status: none
keywords: Banking, Competition, Panel data, Panzar-Rosse Model, Turkey     JEL Code: G21 G38 L10 
abstract: After the 2000-2001 financial crises, the Turkish banking sector experienced a process of concentration, with the tendency for merger and acquisition activities, the revocation of licenses and the liquidation of some insolvent banks. This paper assesses the competitive structures in the Turkish banking industry over the period 2003-2011 using a rigidly
statistical method of Panzar-Rosse (1987), and examines whether the banking system was affected by the structural changes initiated in the post crises period. The results
indicate that competition in the banking sector is most accurately characterized by the theoretical model of monopolistic competition for the period under consideration. There is no evidence that the deregulation adopted after the crises resulted in a significant change in the competitive conditions in Turkish banking industry.
date: 2014
date_type: published
publication: Iktisat Isletme ve Finans
volume: 29
number: 339
pagerange: 49-68
id_number: 10.3848/iif.2014.339.4013
refereed: TRUE
issn: 1300-610X
official_url: http://dx.doi.org/10.3848/iif.2014.339.4013
citation:   Vardar, Gülin and Aydoğan, Berna and Seven, Ünal  The competitive conditions of the banking industry in the post-crises period: an analysis of Turkish banks.  Iktisat Isletme ve Finans, 29 (339).  pp. 49-68.  ISSN 1300-610X      (2014)