Competition and Market Dynamics on the Russian Deposits Market
In the early transition era in Russia entry barriers for commercial banks were about absent. It resulted in the mushrooming of hundreds of small, poorly-endowed and inexperienced banks. In this paper we address the question whether the claimed benefits of low entry barriers - competition and market dynamics - have resulted. We use a sample of commercial saving banks for the 1994-97 period. We conclude that there were important mobility barriers and that the removal of entry barriers did not lead to intensified competition.
|Keywords||banking, market shares, transition economies|
|Publisher||Erasmus Research Institute of Management (ERIM)|
Admiraal, P-H., & Carree, M.A.. (2000). Competition and Market Dynamics on the Russian Deposits Market (No. ERS-2000-25-STR). Erasmus Research Institute of Management (ERIM). Retrieved from http://hdl.handle.net/1765/36