@techreport{Daley2009many,
abstract = {This paper presents an empirical assessment of the degree of competition within the Jamaican banking sector during the period 1998 to 2007. The popular H-statistic by Panzar and Rosse is utilised to estimate market power among the sample of banks. Using usual statistical tests, we are unable to reject monopoly/perfect collusion for the banking market in Jamaica. This contrasts with earlier findings using alternative estimators. Therefore, the use of a dynamic reformulation of the model with a dynamic estimator highlights some collusive behaviour among banks},
address = {Cardiff},
author = {Jenifer Daley and Kent Matthews},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {G21; G28; 330; Competition; Banking; Rosse-Panzar H-statistic; Dynamic panel estimation; Jamaica; Bank; Marktmacht; Jamaika},
language = {eng},
number = {E2009/28},
publisher = {Cardiff Univ, Cardiff Business School, Economics Section},
title = {Out of many, dominance by a few? Market power in the Jamaican banking sector},
type = {Cardiff Economics Working Papers},
url = {http://hdl.handle.net/10419/65737},
year = {2009}
}
