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H-Statistic in Banking Market for Ireland (DDOI03IEA066NWDB)

Observation:

2014: 0.44300 (+ more)   Updated: Sep 21, 2018 11:23 AM CDT
2014:  0.44300  
2013:  0.44300  
2012:  0.30900  
2011:  0.30900  
2010:  0.30900  
View All

Units:

Index,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: World Bank  

Release: Global Financial Development  

Units:  Index, Not Seasonally Adjusted

Frequency:  Annual

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

Suggested Citation:

World Bank, H-Statistic in Banking Market for Ireland [DDOI03IEA066NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDOI03IEA066NWDB, May 29, 2024.

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