The evolution of competition in banking in a transition economy: an application of the Panzar-Rosse model to Armenia
The structure of the banking industry typically undergoes fundamental changes during the transition to a market economy. This research employs the method suggested by Panzar and Rosse (1987) to evaluate the empirical evidence on the evolution of competitive structure in the Armenian banking industry...
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| Format: | Article |
| Language: | English |
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Università Carlo Cattaneo LIUC
2005-06-01
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| Series: | The European Journal of Comparative Economics |
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| Online Access: | http://eaces.liuc.it/18242979200501/182429792005020104.pdf |