Observation:
2014: 0.66300 (+ more) Updated: Sep 21, 2018 1:51 PM CDT2014: | 0.66300 | |
2013: | 0.68200 | |
2012: | 0.66600 | |
2011: | 0.67500 | |
2010: | 0.71300 | |
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Units:
Index,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: World Bank
Release: Global Financial Development
Units: Index, Not Seasonally Adjusted
Frequency: Annual
A measure of the degree of competition in the banking market. It measures the elasticity of banks revenues relative to input prices. Under perfect competition, an increase in input prices raises both marginal costs and total revenues by the same amount, and hence the H-statistic equals 1. Under a monopoly, an increase in input prices results in a rise in marginal costs, a fall in output, and a decline in revenues, leading to an H-statistic less than or equal to 0. When H is between 0 and 1, the system operates under monopolistic competition.
A measure of the degree of competition in the banking market. It measures the elasticity of banks revenues relative to input prices. Under perfect competition, an increase in input prices raises both marginal costs and total revenues by the same amount, and hence the H-statistic equals 1. Under a monopoly, an increase in input prices results in a rise in marginal costs, a fall in output, and a decline in revenues, leading to an H-statistic less than or equal to 0. When H is between 0 and 1, the system operates under monopolistic competition. (For more information, see Panzar and Rosse 1982, 1987). (Calculated from underlying bank-by-bank data from Bankscope)
Source Code: GFDD.OI.03
World Bank, H-Statistic in Banking Market for Paraguay [DDOI03PYA066NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDOI03PYA066NWDB, .