竞争稳定性关系的非线性:来自孟加拉国的证据

IF 1 Q3 ECONOMICS
Etikonomi Pub Date : 2021-02-22 DOI:10.15408/ETK.V20I1.15984
Kumar Debasis Dutta, Mallika Saha
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引用次数: 2

摘要

自20世纪80年代以来,金融放松管制刺激了银行之间的激烈竞争,影响了世界各地的金融稳定。与此同时,孟加拉国的银行业也经历了激烈的竞争,因为它是由许多银行组成的。迄今为止,关于竞争和稳定性的经验证据广泛存在争议,可能是因为没有考虑到潜在的非线性。因此,我们的研究旨在探讨2010-2017年竞争对孟加拉国银行金融稳定性的非线性影响。为了实现这一目标,我们使用银行级数据分别计算Boone指标和Z-score来衡量竞争和稳定性,并在面板设置中使用阈值分析来检查竞争-稳定性关系的非线性动态。我们的研究结果证实,竞争与稳定的关系是非线性的,这意味着在竞争较少(较多)的市场中,金融稳定性更为显著(较弱)。我们的研究结果具有特定的政策含义。JEL分类:G21, G28如何引用:Dutta, k.d, & Saha, M.(2021)。竞争-稳定关系的非线性:来自孟加拉国的证据。中华医学杂志,20(1),55 - 66。https://doi.org/10.15408/etk.v20i1.15984。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Nonlinearity of Competition-Stability Nexus: Evidence from Bangladesh
Financial deregulation since the 1980s has been stimulating fierce competition among banks and influencing financial stability across the world. In pace with this, Bangladesh's banking industry is also experiencing intense competition since it is composed of many banks. The empirical evidence on competition and stability widely debate to date, perhaps for not considering the potential nonlinearity. Therefore, our study aims to explore the nonlinear impact of competition on the financial stability of Bangladeshi banks over 2010-2017. For achieving this objective, we compute the Boone indicator and Z-score using bank-level data to measure competition and stability, respectively, and examine the nonlinear dynamics of competition-stability nexus employing threshold analysis in a panel setup. Our findings confirm that the competition-stability relationship is nonlinear and implies that financial stability is more substantial (weaker) in a less (more) competitive market. Our results bear specific policy implications. JEL Classification:  G21, G28 How to Cite: Dutta, K. D., & Saha, M. (2021). Nonlinearity of Competition-Stability Nexus: Evidence from Bangladesh. Etikonomi , 20 (1), 55 – 66. https://doi.org/10.15408/etk.v20i1.15984.
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来源期刊
Etikonomi
Etikonomi ECONOMICS-
自引率
12.50%
发文量
29
审稿时长
12 weeks
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