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Türk Bankacılık Sektöründe Finansal İstikrar-Rekabet İlişkisi

Year 2015, , 175 - 204, 30.04.2015
https://doi.org/10.33203/mfy.307961

Abstract

Bu çalışma, 2001 krizi sonrası, Türk bankacılık sektöründe

finansal istikrarın gelişimi ile sistemdeki rekabet ilişkisini incelemektedir.

2003-2013 dönemi için bir finansal sağlamlık endeksi

hesaplanmış; ardından Panzar-Rosse (1987) modeli ile piyasa rekabeti

ölçülmüştür. Bankacılık sistemindeki yoğunlaşma ve yabancı

bankaların oranı kontrol değişkenler olarak analiz edilmiştir.

Analiz sonuçları, finansal istikrardaki artışın hem uzun hem kısa

dönemde rekabeti azaltıcı yönde etki ettiğini göstermektedir. Yabancı

bankaların uzun dönemli analizlerde finansal istikrarı arttırdığı;

yoğunlaşma oranlarının ise rekabete anlamlı etkide bulunduğu

dikkati çekmektedir.

References

  • Allen, F. ve Gale, D. 2000. Comparing Financial Systems. MIT Press, Cambridge, MA. Allen, F. ve Gale, D. 2004. Competition and Financial Stability. Journal of Money, Credit, and Banking, 36(3), 433-480. Aydınlı, İ. 1996. Türk Bankacılık Sistemi Piyasa Yapısı, 1991-1994, Ankara, SPK Yayınları, No: 40 Beck, T., Demirgüç-Kunt, A. ve Levine, R. 2006. Bank Concentration, Competition, and Crisis: First Results. Journal of Banking and Finance, 30(5), 1581-1603. Beck, T., Demirgüç-Kunt, A. Ve Levine, R. 2007. Bank Concentration and Fragility. Impact and Mechanics. Der: Carey, M. ve Stulz, R.M., The Risks of Financial Institutions. http://www.nber.org/chapters/c9610, Erişim Tarihi: 03.05.2014. Berger, A.N., Demsetz, R.S. ve Strahan, P.E. 1999. The Consolidation of the Financial Services Industry: Causes, Consequences and Implications for the Future. Journal of Banking and Finance, 23(2-4), 135-194. Berger, A.N. ve Hannan, T.H. 1989. The Price-Concentration Relationship in Banking. Review of Economics and Statistics, 71, 291-299. Berger, A.N. 1995. The Profit-Structure Relationship in Banking-Tests of Market Power and Efficient Structure Hypotheses. Journal of Money, Credit and Banking, 27, 404-431. Berger, A.N., L. Klapper and R. Turk-Ariss 2009. Bank Competition and Financial Stability. Journal of Financial Services Research, 35, 99-118. Bikker, J. A., Haaf, K. ve Bank, D. N. 2002. Competition , Concentration and Their Relationship : An Empirical Analysis of The Banking Industry. Journal of Banking and Finance, 26, 2191–2214. Bikker, J. A. ve Bos, J. W. B. 2008. Bank Performance: A Theoretical and Empirical Framework for the Analysis of Profitability, Competition and Efficiency. Routledge Taylor and Francis Group, New York.

Turkish Banking Sector

Year 2015, , 175 - 204, 30.04.2015
https://doi.org/10.33203/mfy.307961

Abstract

This paper aims to analyze the evolution of financial stability

in Turkish Banking Sector following the 2001 crisis and the impact

of competition. A financial stability index is calculated for the period

between 2003&2013 and competition is measured using Panzar-

Rosse (1987) model. The market concentration and the share

of foreign banks are also analyzed as determinants of financial

stability. According to the results, change in financial stability has

a deteriorating effect on the competition. Moreover, share of foreign

banks increase financial stability and concentration ratios are

found to have a statistically significant effect on the competition.

References

  • Allen, F. ve Gale, D. 2000. Comparing Financial Systems. MIT Press, Cambridge, MA. Allen, F. ve Gale, D. 2004. Competition and Financial Stability. Journal of Money, Credit, and Banking, 36(3), 433-480. Aydınlı, İ. 1996. Türk Bankacılık Sistemi Piyasa Yapısı, 1991-1994, Ankara, SPK Yayınları, No: 40 Beck, T., Demirgüç-Kunt, A. ve Levine, R. 2006. Bank Concentration, Competition, and Crisis: First Results. Journal of Banking and Finance, 30(5), 1581-1603. Beck, T., Demirgüç-Kunt, A. Ve Levine, R. 2007. Bank Concentration and Fragility. Impact and Mechanics. Der: Carey, M. ve Stulz, R.M., The Risks of Financial Institutions. http://www.nber.org/chapters/c9610, Erişim Tarihi: 03.05.2014. Berger, A.N., Demsetz, R.S. ve Strahan, P.E. 1999. The Consolidation of the Financial Services Industry: Causes, Consequences and Implications for the Future. Journal of Banking and Finance, 23(2-4), 135-194. Berger, A.N. ve Hannan, T.H. 1989. The Price-Concentration Relationship in Banking. Review of Economics and Statistics, 71, 291-299. Berger, A.N. 1995. The Profit-Structure Relationship in Banking-Tests of Market Power and Efficient Structure Hypotheses. Journal of Money, Credit and Banking, 27, 404-431. Berger, A.N., L. Klapper and R. Turk-Ariss 2009. Bank Competition and Financial Stability. Journal of Financial Services Research, 35, 99-118. Bikker, J. A., Haaf, K. ve Bank, D. N. 2002. Competition , Concentration and Their Relationship : An Empirical Analysis of The Banking Industry. Journal of Banking and Finance, 26, 2191–2214. Bikker, J. A. ve Bos, J. W. B. 2008. Bank Performance: A Theoretical and Empirical Framework for the Analysis of Profitability, Competition and Efficiency. Routledge Taylor and Francis Group, New York.
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Details

Journal Section Articles
Authors

F. Dilvin Taşkın

Publication Date April 30, 2015
Submission Date April 23, 2017
Published in Issue Year 2015

Cite

APA Taşkın, F. D. (2015). Türk Bankacılık Sektöründe Finansal İstikrar-Rekabet İlişkisi. Maliye Ve Finans Yazıları, 1(103), 175-204. https://doi.org/10.33203/mfy.307961

Dergi özellikle maliye, finans ve bankacılık alanlarında faaliyet göstermektedir.