Keywords
ELASTICIDAD DE LA GANANCIA
PODER DE MERCADO
MEDIDA DE COMPETENCIA
MERCADOS IMPERFECTOS
ESTRUCTURA DE MERCADO
COMPETITION
PROFIT ELASTICITY
MARKET POWER
COMPETITION MEASURE
IMPERFECT MARKETS
MARKET STRUCTURE
How to Cite
Abstract
In this study, the degree of competitiveness of the Costa Rican banking system is estimated for the 2008-2013 period. For this, the Boone indicator is used, a non-structural proposal that has emerged from the new theory of industrial organization. The study is based on two estimations: first, the single Boone indicator for each bank, and second, a monthly indicator for the aggregate system. To estimate the indicator, the methodology suggested by Griffith, Boone and Harrison (2005) is used. The main conclusions are that the market is not competitive, private banking institutions are on average more competitive than public ones and the degree of competitiveness of the banking system decreased during the crisis period.
References
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