Bankacılık Sektöründe Rekabet ile Mali Sağlamlık Arasındaki İlişkinin İncelenmesi: Gelişmekte Olan Ülkeler için Panel ARDL Modeli

Year 2018, Volume: 13 Issue: 3, 219 - 234, 31.12.2018

Kemal Eyüboğlu , Sinem Eyüboğlu

https://doi.org/10.17153/oguiibf.450138

Cited By: 5

Abstract

Rekabet,
çoğu sektörde verimliliği arttırdığı ve yeniliği teşvik ettiği için genellikle itici
bir güç olarak kabul edilmektedir. Finans sektöründe de ülkeler rekabeti
arttırıcı reformlar gerçekleştirmektedir. Bu çalışmada, 1996-2015 dönemi için
16 gelişmekte olan ülke bankacılık sektöründe, Panel ARDL havuzlanmış ortalama
grup (PMG) tahmincisi kullanılarak, rekabet ile mali sağlamlık arasındaki
ilişkinin incelenmesi amaçlanmıştır. Sonuçlar, rekabetin ve mali sağlamlığın
hem uzun dönemde hem de kısa dönemde birlikte hareket ettiğini ortaya
koymuştur. Ayrıca rekabetin uzun ve kısa dönemde finansal sağlamlık üzerinde
negatif bir etkisi olduğu tespit edilmiştir. Elde edilen bulgular gelişmekte
olan ülke bankacılık sektörlerinde “rekabet-kırılganlık” görüşünü destekler
niteliktedir.

Keywords

Finansal sağlamlık, rekabet, Panel ARDL modeli, Z-skoru

Testing The Relationship between Competition and Soundness in Banking Sector: Panel ARDL Model in Emerging Countries

Abstract

Competition is generally considered as a positive driving force in many
sectors as it enhances efficiency and promotes innovation. In the financial
sector, countries are implementing reforms that increase competition. This
study aims to examine the relationship between competition and financial
soundness employing Panel ARDL pooled mean group (PMG) estimations in 16
emerging countries’ banking sectors for 1996-2015 periods. Results show that
competition and financial soundness are moving together in the short and
long-run. Also, it is found that competition has a negative effect on financial
soundness in the short and long-run. Findings tend to support
“competition-fragility” approach in emerging country banking sectors.

Keywords

Financial soundness, competition, Panel ARDL model, Z-score

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