Market Competition before and after Bank Merger Wave: A Comparative Study of Korea and Japan

16 Pages Posted: 17 Jan 2009  

Min Hwan Lee

affiliation not provided to SSRN

Mamoru Nagano

Seikei University

Abstract

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.

Suggested Citation

Lee, Min Hwan and Nagano, Mamoru, Market Competition before and after Bank Merger Wave: A Comparative Study of Korea and Japan. Pacific Economic Review, Vol. 13, Issue 5, pp. 604-619, December 2008. Available at SSRN: https://ssrn.com/abstract=1327450 or http://dx.doi.org/10.1111/j.1468-0106.2008.00420.x

Min Hwan Lee (Contact Author)

affiliation not provided to SSRN

No Address Available

Mamoru Nagano

Seikei University ( email )

3-3-1, Kichijoji-Kitamachi, Musasino-shi
Tokyo 180-8633
Japan
+81-422-37-3924 (Phone)
+81-422-37-3874 (Fax)

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