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The Structure of Banking Systems in Developed and Transition Economies
Author(s) -
Jaffee Dwight,
Levonian Mark
Publication year - 2001
Publication title -
european financial management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.311
H-Index - 64
eISSN - 1468-036X
pISSN - 1354-7798
DOI - 10.1111/1468-036x.00151
Subject(s) - benchmark (surveying) , measure (data warehouse) , convergence (economics) , retail banking , transition countries , business , economics , econometrics , financial system , macroeconomics , computer science , international economics , geodesy , geography , database
The paper empirically analyses the determinants of banking system structure (as measured by bank assets, number, branches and employees) for 26 developed OECD countries. The estimated regressions are then applied to 23 transition economies, to obtain benchmarks for the efficient structure of their banking systems. The actual and benchmark measures of banking structure are compared to evaluate the state of banking system development, including the computation of a measure of ‘banking system convergence’. The results are objective and replicable multidimensional measures of banking system development for the transition economies.