Theeffectofmarketstructureon banks&rsquo;interestratespreads : anempiricalanalysisoftheNorwegianbankmarket

GSTDTAP > 气候变化

	Theeffectofmarketstructureon banks’interestratespreads : anempiricalanalysisoftheNorwegianbankmarket
	Hauge, Rune Løhr; Phan, John
	2010-11
出版年	2010
语种	英语
国家	挪威
出版者	SNF
领域	气候变化
英文摘要	In this study we investigate how market structure affects the interest rate spread of banks that provide lending for commercial entities in Norway. We delineate the Norwegian bank market into local commuter belts, and define the commuter belts as either high or low concentration regions depending on their level of market concentration, measured by the Herfindahl-Hirschman Index (HHI). Regions with HHI-levels above 0.20 are defined as high concentration regions whereas regions with HHI-levels equal to and below 0.20 are defined as low concentration regions. We analyze how market concentration, along with other potential determinants, affects the interest rate spread of banks in both high and low concentration regions over the years 1998 – 2008 using panel data regression methods. In high concentration regions, we find that a 0.10 increase in market concentration increases the interest rate spread by 3.64 basis points. However, there is no evidence that market concentration affects interest rate spreads in low concentration regions. Our analysis further reveals that market share, based on loan levels, has a negative impact on the interest rate spread in both high and low concentration regions. The study is based on unique banking data, which we use with permission from the Norwegian Ministry of Finance. The data provides an extensive overview of the Norwegian banking sector from 1998 – 2008.
英文关键词	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212
URL	查看原文
来源平台	Center for International Climate and Environmental Research-Oslo (CICERO)
文献类型	科技报告
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/1577
专题	气候变化
推荐引用方式 GB/T 7714	Hauge, Rune Løhr,Phan, John. Theeffectofmarketstructureon banks’interestratespreads : anempiricalanalysisoftheNorwegianbankmarket:SNF,2010.