Lerner index
Lerner Index, Productive Efficiency and Homotheticity
... composition of the Lerner index as a function L on Ξ. On conceptual grounds, such a function establishes a fun- damental link between production analysis and industrial economics; on analytical grounds, the ...
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The Competitiveness in the Banking Industry in Palestine
... measuring Lerner index, and then estimates the determinants of market power by regressing Lerner index on returns of assets and lending ...
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Competition in commercial banks in Poland – analysis of Panzar Rosse H statistics
... the Lerner index and Panzar-Rosse H-statistics show varying degrees of market power across year and suggest a monopolistic competition in the Polish banking ...
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Does competition improve financial stability of the banking sector in ASEAN countries? An empirical analysis
... the Lerner index, induces high-risk exposure, measured with both the Z-score and probability of default approach from the work of Merton [25] for both listed and non-listed banks, but concentration ...
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The effect of market power on bank risk taking in Turkey
... the Lerner index. However, calculation of the Lerner index can be subject to many misspecification biases in ban- ...standard Lerner index, the difference between the total ...
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Market based financial measures of sugar industry in India
... companies lerner index was ...with lerner index value of greater than ...HHI index and Lerner index was analyzed and given in Table ...
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VAT notches, voluntary registration, and bunching : theory and UK evidence
... We now explore potential heterogeneity in bunching to see whether the empirical patterns are consistent with the predictions set out in Proposition 5. Implementing this analysis is challenging because some firms have ...
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Competition and innovation: an inverted U relationship
... the Lerner index, whereas the “Schumpeterian e¤ect” pointed out in earlier endogenous growth models and before that in the IO literature, should dominate at high initial levels of ...
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An Internally Consistent Approach to the Estimation of Market Power and Cost Efficiency with an Application to U S Banking
... are reported in Table 2. The estimates are of interest because they gauge returns to scale in the industry. Specifically, the bank is said to exhibit increasing/constant/decreasing returns to scale if the scale ...
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Information Asymmetry and Market Power in the African Banking Industry
... Table 5: Market Power Effects of Reducing Information Asymmetry QR Dependent Variable: Lerner Index Public Credit Registries PCR.. Private Credit Bureaus PCB.[r] ...
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Domestic or Foreign Banks? Who Wields more Market Power?
... the Lerner index approach which has produced different ...the Lerner index for the period 1995-2005 for the Czech credit ...the Lerner index was ...the Lerner index ...
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OPEC and World Oil Prices: Is the Genie Back in the Bottle?
... The Lerner index ( L) of potential market power, predicated on the cartel core maximizing long run profits, equals the inverse of the long run price elasticity of demand facing the carte[r] ...
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Factors Explaining the Interest Margin in the Banking Sectors of the European Union
... With the aim of testing for differences among countries in the explanatory power of the variables determining the interest margin, we estimated the explanatory equation of the interest margin separately for each of the ...
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Foreign ownership and market power in banking: Evidence from a world sample
... the Lerner index, in II the average Lerner index by country and year, in III the adjusted-Lerner index, and in IV the Lerner index obtained from the dual-output ...
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A stochastic frontier analysis approach for estimating market power in the major U S meat export markets
... As we can observe in Table 5 and Table 6, the estimated value of the Lerner index is the highest in the export markets of ASEAN, Hong Kong/China, Japan, South Korea and Taiwan. Apart from the fact that ...
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Bank competition and financial (in)stability in Europe: A sensitivity analysis
... of Lerner and concentration comprise the quadratic term of market power to verify whether, and to what extent, it is the case of non-linear relationship between Lerner index and ...the Lerner ...
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State Aid, Stability and Competition in European Banking
... compute various indicators (at the bank level) capturing overall stability, credit risk and liquidity risk. Competition is estimated using the Lerner Index (Calderon and Schaeck, 2015) which enables us to ...
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Competitive equilibrium in the italian wholesale electricity market
... GME. Lerner index was taken as a measure of the market power exercised by the main suppliers, taking into account the effect of congestion, to compute the competitive virtual bidding behavior of the main ...
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COXSACKIE B5 INFECTIONS WITH EXANTHEMS
... sackie Bi virus was isolated and whose sera showed a fourfold rise in titer of NA to that agent. Lerner et al” recordd two cases of[r] ...
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SMART CITIES: RESEARCHES, PROJECTS AND GOOD PRACTICES FOR THE CITY 1 (2013)
... Lerner previously was the head of the Institute for Research and Urban Planning of Curitiba (IPPUC), which was established in the previous years as a centre of excellence in the region[r] ...
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