Do Islamic banks have greater market power?/ created by Laurent Weill
Material type: TextSeries: Comparative economic studies ; Volume 53, number 2Basingstoke: Palgrave Macmillan, 2011Content type:- text
- unmediated
- volume
- 08887233
- HB90 COM
Item type | Current library | Call number | Vol info | Copy number | Status | Notes | Date due | Barcode | |
---|---|---|---|---|---|---|---|---|---|
Journal Article | Main Library - Special Collections | HB90 COM (Browse shelf(Opens below)) | Vol. 53, no.2 (pages 291-306) | SP11434 | Not for loan | For In House Use Only |
The aim of this paper is to investigate whether Islamic banks have greater market power than conventional banks, as they might benefit from a captive client base. To measure market power, we compute Lerner indices for a sample of banks from 17 countries where Islamic and conventional banks coexist over the period 2000–2007. We also use the Rosse-Panzar model to measure the degree of competition for each type of banks. We find that Islamic banks do not have greater market power than conventional banks. We attribute the competitive behavior of Islamic banks to differences in norms and incentives.
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