Competition and Efficiency in the Mexican Banking Industry [electronic resource] : Theory and Empirical Evidence /
Castellanos, Sara G.author.
Del Ángel, Gustavo A.author.
Garza-García, Jesús G.author.
This useful new book contributes to the understanding of competition policy in the Mexican banking system and explains how levels of competition relate to banks' efficiency. It contrasts concepts of economic theory with empirical evidence to distill optimal policy decisions. The authors study the banking sector in Mexico, a developing country with a regulated and sound banking system and an industry with strong participation from global systemic banks. However, the Mexican banking system continues to have low financial deepening in the economy. Simultaneously, changes experienced by the Mexican financial system in recent decades have completely transformed its architecture, structure of ownership and control, and its competitive conditions, and have undeniably affected system performance and efficiency. This provides a natural laboratory in which to answer the questions of scholars, economists, and policymakers.
Description based upon print version of record.
Cover; Title; Copyright; Dedication; Contents; List of Figures and Tables; Preface and Acknowledgments; CHAPTER 1 INTRODUCTION; CHAPTER 2 LITERATURE REVIEW OF BANKING STUDIES; CHAPTER 3 STRUCTURAL EVOLUTION AND CYCLES OF CONSOLIDATION; CHAPTER 4 COMPETITION IN THE MEXICAN BANKING SYSTEM:. A REVIEW; CHAPTER 5 ANALYSIS OF COMPETITION AND EFFICIENCY IN THE MEXICAN BANKING SECTOR; CHAPTER 6 COMPETITION POLICY IN THE MEXICAN FINANCIAL SYSTEM; CHAPTER 7 CONCLUSIONS; Notes; References; Index
Includes bibliographical references and index.
This useful new book contributes to the understanding of competition policy in the Mexican banking system and explains how levels of competition relate to banks' efficiency. It contrasts concepts of economic theory with empirical evidence to distill optimal policy decisions. The authors study the banking sector in Mexico, a developing country with a regulated and sound banking system and an industry with strong participation from global systemic banks. However, the Mexican banking system continues to have low financial deepening in the economy. Simultaneously, changes experienced by the Mexican financial system in recent decades have completely transformed its architecture, structure of ownership and control, and its competitive conditions, and have undeniably affected system performance and efficiency. This provides a natural laboratory in which to answer the questions of scholars, economists, and policymakers.
Ethnology-Latin America.
Economic theory.
International economics.
Macroeconomics.
Regional economics.
Spatial economics.
Banks and banking.
Latin American Culture.
Economic Theory/Quantitative Economics/Mathematical Methods.
International Economics.
Macroeconomics/Monetary Economics//Financial Economics.
Regional/Spatial Science.
Banking.