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Öğe COMPETITIVE CONDITIONS AMONG THE TURKISH BANKS(Tomas Bata Univ Zlin, 2011) Repkova, Iveta; Tufan, EkremThe paper estimates the competitive conditions among the Turkish banks during the period 2002-2009. The Panzar-Rosse model is used for the testing competition in Turkish banking industry. Specifically, we use a panel with data for most of the Turkish banks to estimate the H statistics. We conclude that the Turkish banking industry can be characterized as a monopolistic competition which is close to monopoly. Result implies the Turkish banks do not operate in a competitive environment and enjoy monopoly rents. It can be concluded that competitive conditions were decreasing during the analysed period.
