Explaining the market power of Ghanaian banks

dc.contributor.authorAboagye, Q.Q.A.
dc.contributor.authorAkoena, S.K.
dc.contributor.authorAntwi-Asare, T.O.
dc.contributor.authorGockel, A.F.
dc.date.accessioned2019-04-15T12:07:22Z
dc.date.available2019-04-15T12:07:22Z
dc.date.issued2009-02
dc.description.abstractA competitive banking system helps lower transaction costs and risks. It also helps make financial markets more efficient. In Ghana however, observers believe that the banking industry is not competitive and point to the huge spread between bank lending and borrowing rates as evidence. The Ghanaian banking industry is analysed for evidence of market power by computing the Lerner Index of banks using quarterly data from 2001 to 2006. The evidence is that Ghanaian banks possess market power. Factors that significantly explain the market power of Ghanaian banks are: bank size, efficiency of banks with respect to staff costs, the macroeconomic environment and time. © Journal compilation © 2008 The Economic Society of South Africa.en_US
dc.identifier.otherhttps://doi.org/10.1111/j.1813-6982.2008.00221.x
dc.identifier.otherVolume 76, Issue 4, Pages 569-585
dc.identifier.urihttp://ugspace.ug.edu.gh/handle/123456789/29217
dc.language.isoenen_US
dc.publisherSouth African Journal of Economicsen_US
dc.subjectBanksen_US
dc.subjectGhanaen_US
dc.subjectLerner Indexen_US
dc.subjectMarket poweren_US
dc.titleExplaining the market power of Ghanaian banksen_US
dc.typeArticleen_US

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