voprecotestВопросы экономикиVoprosy Ekonomiki0042-8736Voprosy Ekonomiki, NP10.32609/0042-8736-2014-9-96-111voprecotest-703Research ArticleКОНКУРЕНТНАЯ ПОЛИТИКАCOMPETITION POLICYПрозрачность банковской системыи конкуренция: межстрановой анализDoes banking system transparency enhance bankcompetition? Cross-country evidenceАндриевскаяИ. К.AndrievskayaI.

PhD, научный сотрудник Института институциональных исследований (ИНИИ) НИУ ВШЭ, (Москва)

iandrievskaya@hse.ruСеменоваМ. В.SemenovaM.

к.э.н., доцент, научный сотрудник ИНИИ НИУ ВШЭ

msemenova@hse.ruНИУ ВШЭ, (Москва)РоссияNational Research University Higher School of Economics, (Moscow, Russia)Russian Federation2014200920140996111Copyright © Voprosy Ekonomiki, NP, 20142014Voprosy Ekonomiki, NPVoprosy Ekonomiki, NPhttps://www.vopreco.ru/jour/about/submissions#copyrightNoticehttps://www.vopreco.ru/jour/article/view/703

Многие авторы полагают, что повышение прозрачности банковской системы приводит к усилению конкуренции между банками. Для проверки гипотезы о том, что раскрытие информации связано с рыночной властью и уровнем концентрации в банковской системе, мы используем данные по 213 странам за 2001, 2005 и 2010 гг. Результаты опровергают общепринятое мнение: страны с более высоким уровнем прозрачности банковского сектора имеют более низкий уровень концентрации, а связь между раскрытием информации и рыночной властью выражена слабо. Более того, с ростом рисков банковского сектора эффект от раскрытия информации растет с замедляющимся темпом.

There seems to be a consensus among regulators and scholars that in order to improve the functioning of a banking system and to stimulate bank competition, it is necessary to raise the level of bank information transparency. To test the hypothesis that greater bank information disclosure is associated with lower market power and lower concentration in the banking system, we use country-level data covering 213 countries all over the world. The period under consideration includes the years 2001, 2005 and 2010, which correspond to the years of the World Bank’s Banking Regulation and Supervision Survey rounds. Our findings do not always support the conventional wisdom: countries with higher levels of transparency have lower levels of bank concentration, while the link between transparency and competition is less pronounced. Moreover, the effect from information disclosure declines with an increase of bank risks.

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The authors declare that there are no conflicts of interest present.