Assessing Concentration and Competition in Korean Banking Industry (Written in Korean)
This paper examines the hypothesis that states consolidation and concentration within Korean banking industry have impaired competition and escalated market power of banks. Competition is measured using Bresnahan-Lau method, which estimates a structural model consisting of a demand function and a su...
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Format: | Article |
Language: | English |
Published: |
Korea Development Institute
2003-06-01
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Series: | KDI Journal of Economic Policy |
Subjects: | |
Online Access: | https://doi.org/10.23895/kdijep.2003.25.1.55 |