NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024.

Title:               Lerner Index in Banking Market for Azerbaijan
Series ID:           DDOI04AZA066NWDB
Source:              World Bank
Release:             Global Financial Development (Not a Press Release)
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Index
Date Range:          1996-01-01 to 2014-01-01
Last Updated:        2018-09-21 1:51 PM CDT
Notes:               A measure of market power in the banking market. It compares output
                     pricing and marginal costs (that is, markup). An increase in the
                     Lerner index indicates a deterioration of the competitive conduct of
                     financial intermediaries.
                     
                     A measure of market power in the banking market. It is defined as the
                     difference between output prices and marginal costs (relative to
                     prices). Prices are calculated as total bank revenue over assets,
                     whereas marginal costs are obtained from an estimated translog cost
                     function with respect to output. Higher values of the Lerner index
                     indicate less bank competition. Lerner Index estimations follow the
                     methodology described in Demirgüç-Kunt and Martínez Pería (2010).
                     (Calculated from underlying bank-by-bank data from Bankscope)
                     
                     Source Code: GFDD.OI.04

DATE                      VALUE
1996-01-01  0.65458000000000000
1997-01-01  0.37738400000000000
1998-01-01  0.25814600000000000
1999-01-01  0.48216600000000000
2000-01-01  0.61908900000000000
2001-01-01  0.50290300000000000
2002-01-01  0.43888599999999994
2003-01-01  0.51322300000000000
2004-01-01  0.49216700000000000
2005-01-01  0.47479300000000000
2006-01-01  0.43905600000000006
2007-01-01  0.44075100000000000
2008-01-01  0.48818100000000003
2009-01-01  0.42272100000000000
2010-01-01  0.33446400000000000
2011-01-01  0.28594300000000000
2012-01-01  0.29945300000000000
2013-01-01  0.29631900000000000
2014-01-01  0.38488700000000000