BIS researchers use profit-elasticity method to measure China bank competition
A working paper published today by the Bank for International Settlements (BIS) claims to use a new method to measure the level of competition in the Chinese banking sector and finds that competition has indeed increased in line with financial sector reforms.
The paper: Measuring bank competition in China: a comparison of new versus conventional approaches applied to loan markets, by Bing Xu of the Universidad Carlos III de Madrid, in Getafe, Spain, and Adrian van Rixtel and Michiel van
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