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 Turkey Series ID: DDOI04TRA066NWDB 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 0.12235300000000000 1997-01-01 0.11446300000000001 1998-01-01 0.15155500000000000 1999-01-01 0.16998500000000000 2000-01-01 0.06666799999999999 2001-01-01 -0.03816500000000000 2002-01-01 0.08529700000000000 2003-01-01 0.17848400000000000 2004-01-01 0.23076900000000000 2005-01-01 0.24313900000000000 2006-01-01 0.19664900000000000 2007-01-01 0.20710000000000000 2008-01-01 0.16460400000000000 2009-01-01 0.31053800000000004 2010-01-01 0.29071800000000000 2011-01-01 0.23416399999999998 2012-01-01 0.26475900000000000 2013-01-01 0.26758500000000000 2014-01-01 0.21770500000000000