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: H-Statistic in Banking Market for Saudi Arabia Series ID: DDOI03SAA066NWDB 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 0.5529999999999999 2011-01-01 0.5370000000000000 2012-01-01 0.5270000000000000 2013-01-01 0.5170000000000000 2014-01-01 0.5060000000000000