Concentration and efficiency in the Vietnamese banking system between 1999 and 2009 : a structural model approach

Thao, Ngoc Nguyen and Stewart, Chris (2012) Concentration and efficiency in the Vietnamese banking system between 1999 and 2009 : a structural model approach. Centre for EMEA Banking, Finance and Economics Working Paper Series, 2012 (37). pp. 1-23.

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Abstract

The purpose of this paper is to examine the degree of concentration and efficiency in the Vietnamese banking system using the structural model. We apply the concentration ratio (CR), Herfindahl-Hirschman Index (HHI) and concentration-profitability model based upon the Structure-Conduct-Performance (SCP) and Efficiency Hypothesis (EH) approaches to examine 48 Vietnamese commercial banks over the period 1999-2009. This is the first such study of the Vietnamese banking system. Our empirical results show that the Vietnamese banking industry has become substantially less concentrated, however large commercial banks still dominate the whole banking system. Further, our results do not support either the traditional Structure-Conduct-Performance or the Efficiency Hypothesis.

Item Type: Article
Uncontrolled Keywords: Centre for EMEA Banking, Finance and Economics Working Paper Series; banking; concentration; efficiency; structural model; Herfindahl-Hirschman Index; Vietnam
Subjects: 300 Social sciences > 330 Economics
Department: Guildhall School of Business and Law
Depositing User: Mary Burslem
Date Deposited: 17 Apr 2015 10:39
Last Modified: 20 Apr 2015 08:36
URI: http://repository.londonmet.ac.uk/id/eprint/396

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