Title: H-Statistic in Banking Market for Norway
Series ID: DDOI03NOA066NWDB
Source: World Bank
Release: Global Financial Development (Not a Press Release)
Seasonal Adjustment: Not Seasonally Adjusted
Frequency: Annual
Units: Index
Date Range: 2010-01-01 to 2014-01-01
Last Updated: 2018-09-21 1:51 PM CDT
Notes: 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
DATE VALUE
2010-01-01 0.6840000000000000
2011-01-01 0.6859999999999999
2012-01-01 0.6880000000000000
2013-01-01 0.6880000000000000
2014-01-01 0.6880000000000000