Dollarization, Foreign Ownership, and Competition in the Banking Industry in Latin America

Gonzalez, Aldo; Micco, Alejandro; Montoya, Ana Maria

doi:10.1080/1540496x.2015.998074

Cited by 8 publications

(2 citation statements)

References 27 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Gonzales, Micco and Montoya (2015) investigated the relationship between foreign bank penetration and dollarization in the banking sector for the period of 1995-2008 in Latin American countries using unbalanced panel data analysis. The results demonstrate that the dollarization or monetary board reduces transaction costs and facilitates financial integration.…”

Section: Literature Reviewmentioning

confidence: 99%

The effects of liability dollarization on manufacturing competitiveness

Uslu¹,

Kapkara²

2020

Pressacademia

View full text Add to dashboard Cite

Purpose-This study aims to investigate the effect of liability dollarization on competitiveness of sub-sectors operating in Turkish manufacturing industry. Within the scope of the NACE Rev-2 classification, the study used annual data covering the 2008-2016 period for the sub-sectors of the manufacturing industry. Methodology-A group of econometric tests; fixed effects and random effects approaches have been estimated from panel data methods. Findings-Variables affecting the manufacturing industry competitiveness were found to be liability dollarization, economic globalization index, energy prices, economic crisis, trade openness, and basket exchange rate. The variable to be used as the "measure of competitiveness" to represent the dependent variable is the ratio of net exports to foreign trade volume. The estimation results show that increase in liability dollarization rate, presence of the economic crisis, and change in energy prices negatively affect competitiveness of sectors, whereas economic globalization index and trade openness have a positive effect on the competitiveness. There is no statistical significant impact of basket exchange rate on competitiveness. Conclusion-The results of this study indicate that to increase sectoral competitiveness of Turkish manufacturing sector should be increased openness effect and decreased debt dollarization ratio. While sectors increase openness, they can reach new markets and so they can increase their trade activities. But, to increase sectoral economic activity strongly, their fund problems should be solved.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

The effects of liability dollarization on manufacturing competitiveness

Uslu¹,

Kapkara²

2020

Pressacademia

View full text Add to dashboard Cite

show abstract

“…Dessa forma, as vantagens outrora sustentáveis de grandes firmas se tornam desvantagens sustentáveis na medida em que essas firmas se tornam reféns de antigas tecnologias, obrigações, regulações e outras forças (Bharadwaj, Varadarajan, & Fahy, 1993;Fuentelsaz, Gomez, & Polo, 2002;Fuentelsaz, MaicasLópez, & Polo, 2002). Por meio de investimentos em novas tecnologias, os bancos podem obter ganhos em participação de mercado e diminuir os custos marginais; investimentos em qualidade podem elevar a participação de mercado, porém aumentar o custo marginal de suas operações (Gonzalez, Micco, & Montoya, 2015).…”

Section: Identificação E Análise Das Forças Causadoras De Mudançasunclassified

Análise Prospectiva da Indústria Bancária no Brasil: Regulação, Concentração e Tecnologia

Lima

2016

Rev. adm. contemp.

View full text Add to dashboard Cite

Resumo Este artigo tem como objetivo analisar três variáveis de configuração do ambiente competitivo dos bancos comerciais no Brasil: regulação, concentração da indústria e tecnologia. Foram conduzidas entrevistas semiestruturadas e um painel Delphi com treze especialistas do setor bancário, compreendendo executivos, gestores e acadêmicos. A partir de uma análise de conteúdo, os principais resultados evidenciados foram: uma tendência de manutenção da concentração da indústria no País com restritos espaços de atuação para bancos de pequeno e médio porte; possíveis disrupções na arena de competição devido a novas tecnologias; e a consolidação do telefone celular como principal catalisador das transações bancárias e meios de pagamento. A pesquisa dá suporte a argumentos teóricos acerca da efemeridade de grupos estratégicos e contribui para a discussão e escolha de indicadores coerentes para a mensuração da vantagem competitiva em bancos comerciais.

show abstract

Competition in the Portuguese economy: insights from a profit elasticity approach

Amador

Soares

2016

Empirica

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. All rights reserved. Terms of use: Documents in ISSN 1725-2806 (online) EU Catalogue NoQB-AR-13-100-EN-N (online)Any reproduction, publication and reprint in the form of a different publication, whether printed or produced electronically, in whole or in part, is permitted only with the explicit written authorisation of the ECB or the authors. The refereeing process of this paper has been coordinated by Editorial Board of the ECB Working Paper Series, led by Philipp Hartmann.The paper is released in order to make the research of CompNet generally available, in preliminary form, to encourage comments and suggestions prior to final publication. The views expressed in the paper are the ones of the author(s) and do not necessarily reflect those of the ECB, the ESCB, and of other organisations associated with the Network. AcknowledgementsThe opinions expressed in this paper are those of the authors and do not necessarily coincide with those of Banco de Portugal or the Eurosystem. The usual disclaimers apply. The authors thank an anonymous referee for useful comments on a previous version of the paper. (2008), which draws on the concept of profit elasticity to marginal costs. In addition, robustness of results across econometric specifications is discussed, along with their consistency with classical competition indicators. The article concludes that the majority of Portuguese markets exhibited a reduction in competition in the period 2000-2009, though there is substantial heterogeneity. In addition, markets that faced competition reductions represent the large majority of sales, gross value added and employment in the Portuguese economy. The non-tradable sector shows lower competition intensity than the tradable sector. Moreover, reductions in competition are relatively widespread across markets in both sectors, but in terms of sales, gross value added and employment these reductions are more substantial in the non-tradable sector. In the majority of markets the assessment on the evolution of competition using profit elasticities is similar to that obtained with classical competition indicators. João Amador

show abstract

Dollarization, Foreign Ownership, and Competition in the Banking Industry in Latin America

Cited by 8 publications

References 27 publications

The effects of liability dollarization on manufacturing competitiveness

The effects of liability dollarization on manufacturing competitiveness

Análise Prospectiva da Indústria Bancária no Brasil: Regulação, Concentração e Tecnologia

Competition in the Portuguese economy: insights from a profit elasticity approach

Contact Info

Product

Resources

About