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Panoeconomicus
2010, vol. 57, br. 2, str. 189-207
jezik rada: engleski
vrsta rada: pregledni članak
doi:10.2298/PAN1002189M
Measurement of competitiveness degree in Tunisian deposit banks: An application of the Panzar and Rosse model
(naslov ne postoji na srpskom)
Department of Economics, High School of Business of Tunis (ESCT), University of Manouba & PSD Laboratory, Tunis

e-adresa: sami.mensi@fsegt.rnu.tn

Sažetak

(ne postoji na srpskom)
This paper explores the use of the Panzar-Rosse statistic as a basis for empirical assessment of competitive conditions among Tunisian deposit banks. The elaborated model has been tested with an interest revenues equation and a total revenues equation. Proceeding by means of an Ordinary Least Square analysis, the H-statistics is respectively estimated at 0.87 and 0.91. The computations undertaken using bank fixed effects and bank random effects General Least Square methods yield similar results. With reference to the reviewed literature, we are inclined to believe that Tunisian banks implement neither a joint monopoly nor a collusive competition context, and that they evolve within an oligopolistic competition context in a contestable market. Thus, it confirms the presence of a competitive environment.

Ključne reči

Tunisia; banking competition; contestability; Panzar-Rosse statistic; panel data

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