Financial Dependence, Banking Sector Competition, and Economic Growth

Financial Dependence, Banking Sector Competition, and Economic Growth

The relationships among competition in the financial sector, access of firms to external financing, and associated economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper the authors first estimate for 16 countries a measure of...

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Bibliographic Details
Main Authors: Claessens, Stijn, Laeven, Luc
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACCOUNTING
ACCOUNTING PRACTICES
ACCOUNTING STANDARDS
ASSET RATIO
ASSETS
BANKING CONCENTRATION
BANKING SECTOR
BANKING SECTOR DEVELOPMENT
BANKING SYSTEM
BANKING SYSTEMS
BANKS
BARRIERS TO ENTRY
BENCHMARK
CAPITAL MARKETS
CAPITALIZATION
COLLUSION
COMMERCIAL BANKS
COMPANY LAW
COMPARATIVE ADVANTAGE
COMPETITIVENESS
CONSOLIDATION
DEPOSITS
DEREGULATION
ECONOMIC GROWTH
ELASTICITY
EMERGING MARKETS
EQUILIBRIUM
EXPENDITURES
EXTERNAL FINANCING
FINANCIAL ANALYSIS
FINANCIAL DEVELOPMENT
FINANCIAL INTERMEDIATION
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SERVICES
FINANCIAL STABILITY
FINANCIAL SYSTEM
FINANCIAL SYSTEMS
FOREIGN BANKS
GDP
GDP PER CAPITA
GROWTH POTENTIAL
GROWTH RATE
INCOME
INNOVATION
INVESTMENT NEEDS
LATIN AMERICAN
LEGAL FRAMEWORK
MARGINAL COSTS
MARGINS
MONEY MARKET
MONOPOLISTIC COMPETITION
OWNERSHIP STRUCTURE
PERFECT COMPETITION
POSITIVE EFFECTS
PROPERTY RIGHTS
PROXY
PUBLIC ENTERPRISES
RETURN ON ASSETS
STOCK MARKET
TOTAL REVENUE
TRADE CREDIT
TRADE FINANCE
TRANSITION ECONOMIES
VALUE ADDED
Online Access:http://documents.worldbank.org/curated/en/2005/01/5588129/financial-dependence-banking-sector-competition-economic-growth
http://hdl.handle.net/10986/8906

Internet

http://documents.worldbank.org/curated/en/2005/01/5588129/financial-dependence-banking-sector-competition-economic-growth
http://hdl.handle.net/10986/8906

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