. . "1582-9146" . "19520" . "Concentration and Competition in the Banking Sector of Turkey"@en . "8522" . . "RIV/47813059:19520/14:#0002934!RIV15-GA0-19520___" . "RIV/47813059:19520/14:#0002934" . "2"^^ . . . "STAV\u00C1REK, Daniel" . . "P(GA13-03783S)" . . . "The paper estimates the competitive conditions and concentration in the Turkish banking industry during the period 2002-2010. The period starts after implementation of the comprehensive reform in the banking sector and lasts until culmination of the global financial crisis. The concentration ratio and the Herfindahl-Hirschman index are applied to measure level of concentration. We found the banking sector to be almost non-concentrated with exemption of deposit market where we revealed a slight concentration. However, there is a clear trend of increasing concentration at all segments of the Turkish banking sector over the analysed period. The Panzar-Rosse model is used for estimation of competitive conditions in the banking market. Specifically, we use a panel with data for most of the Turkish banks to estimate the H statistics. We concluded that the Turkish banking sector can be characterized as an industry with monopolistic competition that closely approaches monopoly. The results imp ly that banks in Turkey do not operate in a competitive environment and enjoy monopoly rents. Moreover, we revealed decreasing level of competition during the entire period of estimation. Such a market structure can pose a threat for efficient intermediation of funds through the banking sector and promoting of economic growth." . "Concentration and Competition in the Banking Sector of Turkey" . "RO - Rumunsko" . "2"^^ . . "Turkish banking industry; concentration ratio; Herfindahl-Hirschman index; Panzar-Rosse model"@en . . "Concentration and Competition in the Banking Sector of Turkey"@en . . "16" . "000344607400013" . "[47648755D47D]" . . "36" . "PALE\u010CKOV\u00C1, Iveta" . . "16"^^ . "Amfiteatru Economic" . . . . "The paper estimates the competitive conditions and concentration in the Turkish banking industry during the period 2002-2010. The period starts after implementation of the comprehensive reform in the banking sector and lasts until culmination of the global financial crisis. The concentration ratio and the Herfindahl-Hirschman index are applied to measure level of concentration. We found the banking sector to be almost non-concentrated with exemption of deposit market where we revealed a slight concentration. However, there is a clear trend of increasing concentration at all segments of the Turkish banking sector over the analysed period. The Panzar-Rosse model is used for estimation of competitive conditions in the banking market. Specifically, we use a panel with data for most of the Turkish banks to estimate the H statistics. We concluded that the Turkish banking sector can be characterized as an industry with monopolistic competition that closely approaches monopoly. The results imp ly that banks in Turkey do not operate in a competitive environment and enjoy monopoly rents. Moreover, we revealed decreasing level of competition during the entire period of estimation. Such a market structure can pose a threat for efficient intermediation of funds through the banking sector and promoting of economic growth."@en . . "Concentration and Competition in the Banking Sector of Turkey" .