1. Instituto Superior de Economia e Gest?o, University of Lisbon, Lisbon, Portugal;2. CESA-Research Centre of Africa, Asia and Latin America, ISEG, Lisbon, PortugalCbarros@iseg.utl.pt
Abstract:
This article analyses the level of competition in Angola’s banking industry using the Panzar–Rosse model with data from 2005 to 2014. Competition is a vital aspect of the banking market and therefore it is central to policy-making. The results reveal that Angola banking competition is monopolist and therefore lower competition is found in Angola banks. Policy implication is derived.