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Joint estimation of the Lerner index and cost efficiency using copula methods
This paper deals with the estimation of market power, measured by the Lerner index, and cost efficiency at the bank level, using the stochastic frontier (SF) methodology. Both market power and cost efficiency ...
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Bank competition in transition countries: Are those markets really in equilibrium?
This paper investigates the degree of market competition in the banking industries of 17 Central and Eastern European (CEE) countries over the period 1994–2008, using the H statistic proposed by Panzar and Ros...