Abstract

This paper analyses the impact of various types of deregulation on banking industry structure. The empirical result is supported by evidence from Japan and Korea, which have undergone a substantial consolidation following a series of deregulation. The analysis is applied to a unique data set of the entire commercial banking sector in Japan and Korea, which covers both pre- and post-banking crisis periods. The paper also draws attention to the role of the banking sector in East Asian industrialisation, which influenced its idiosyncratic banking regulation and the evolution of the banking structure using the structure-performance relationship.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call