Park, Kang H. (2012) Bank Mergers and Competition in Japan. The International Journal of Banking and Finance, 9 (2). pp. 1-25. ISSN 1617-722
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Abstract
Using H-statistic of the Panzar-Rosse model, this paper examines commercial bank merger waves in Japan and their effect on competition in the Japanese banking market during 1983-2006. The H-statistic is estimated separately for three different time periods, the boom, the burst and the recovery. This paper concludes that the bank mergers that took place in Japan have not led to a higher level of market power except during the period of financial crisis around the time of bubble burst. Recent mergers in the Japan’s banking sector do not seem to harm the competition level in the banking market. An increase in individual bank’s market share and an increase in overall market concentration have not materialized in higher net interest margin in Japan.
Item Type: | Article |
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Uncontrolled Keywords: | Bank consolidation, market competition, Japanese banks, bubbles, korea, japan, china |
Subjects: | H Social Sciences > HG Finance |
Divisions: | School of Economics, Finance & Banking |
Depositing User: | Mrs. Norazmilah Yaakub |
Date Deposited: | 25 Oct 2018 00:32 |
Last Modified: | 25 Oct 2018 00:32 |
URI: | https://repo.uum.edu.my/id/eprint/25020 |
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