Competition in MENA countries banking markets Online publication date: Sun, 20-May-2012
by Bana Abuzayed; Nedal Al-Fayoumi; Hisham Gharaibeh
International Journal of Financial Services Management (IJFSM), Vol. 5, No. 3, 2012
Abstract: This study examines the banking power in a number of highly concentrated banking industries. In particular, this paper tests the competitive conditions in the banking industries of six Middle Eastern and North African (MENA) countries for the period from 1998 to 2007. Using the new industrial organisation literature methodology, our results reveal that the banking market structure can be characterised as monopolistic competition. The result of this study is necessary for policy makers in MENA region. For them this is a signal to review their policy of interference and involvement in changes in the market structure of the banking markets and to be cautious of the process of consolidation and increasing concentration. Our results are rigorous under a variety of specification controlling for bank size, risk and a number of estimation techniques including static and dynamic data analysis (Fixed or Random effects and the Generalised Methods of Moment).
Online publication date: Sun, 20-May-2012
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Financial Services Management (IJFSM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email firstname.lastname@example.org