The impact of bank competition and concentration on industrial growth |
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Authors: | Guy Liu Ali Mirzaei Sotiris Vandoros |
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Affiliation: | 1. Brunel University London, United Kingdom;2. Fudan University, China;3. American University of Afghanistan, Afghanistan;4. King’s College London, United Kingdom;5. London School of Economics and Political Science, United Kingdom |
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Abstract: | This paper studies whether bank competition affects growth of non-banking industries. We find that non-cooperative bank competition and stability promote industrial growth robustly. Bank concentration may also affect growth positively; the latter effect increases for higher levels of competition. |
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Keywords: | G2 G3 L1 O4 |
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