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 Japan Series ID: DDOI04JPA066NWDB 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 11:21 AM 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 0.18367999999999998 1997-01-01 0.19955100000000000 1998-01-01 0.11528100000000000 1999-01-01 0.24778499999999998 2000-01-01 0.22457500000000000 2001-01-01 0.29427600000000004 2002-01-01 0.35600600000000000 2003-01-01 0.38181000000000000 2004-01-01 0.41973900000000003 2005-01-01 0.42188500000000000 2006-01-01 0.39966599999999997 2007-01-01 0.33947300000000000 2008-01-01 0.30587900000000000 2009-01-01 0.27401900000000000 2010-01-01 0.32980100000000000 2011-01-01 0.39311100000000000 2012-01-01 0.37192100000000000 2013-01-01 0.37243300000000000 2014-01-01 0.37364800000000000