Competition and Concentration in the New European Banking Landscape
测量了1998-2002年扩大后的欧盟银行业集中度与竞争程度，发现新成员国银行利息收入竞争高于老成员国，但总营业收入竞争更低；小银行利息收入竞争环境弱于大银行。
Abstract This paper measures the degree of concentration and competition in the enlarged European Union (EU) banking environment over the period 1998–2002. In the empirical part we opt for a methodology as proposed by Panzar and Rosse based on a non‐structural estimation of market competition. Our results suggest that European banks were operating under conditions of monopolistic competition and that bank interest revenues in the 10 new EU member states was earned under conditions of higher competition than those that existed in the old EU banking countries. The opposite result was observed for total operating revenues. Smaller banks earn interest income in a less competitive environment than larger banks, while the opposite is observed for total revenues.