Market Competition before and after Bank Merger Wave: A Comparative Study of Korea and Japan
Min Hwan Lee
affiliation not provided to SSRN
Pacific Economic Review, Vol. 13, Issue 5, pp. 604-619, December 2008
Reflecting recent merger trends in the banking industry of Korea and Japan, this paper examines the degree of competition before and after the bank merger wave. Two major implications are derived from empirical analyses. First, high levels of banking market competitiveness are detected after mergers in both the Korean and Japanese metropolitan areas. Second, although the level of market competition remains low throughout Japanese local cities, it is competitive compared with the metropolitan area of Korea. This paper concludes that market concentration brought about by bank mergers does not always result in low competitiveness.
Number of Pages in PDF File: 16Accepted Paper Series
Date posted: January 17, 2009
© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo4 in 0.360 seconds