Competition and profit persistence in the South African Banking Sector

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dc.contributor.authorLetlaka, Katiso
dc.date.accessioned2020-10-14T12:24:57Z
dc.date.available2020-10-14T12:24:57Z
dc.date.issued2019
dc.descriptionA Research Report presented for the degree of Masters of Commerce in the School of Economic and Business Sciences, to the Faculty of Commerce, Law and Management University of the Witwatersrand, Johannesburg, 2019en_ZA
dc.description.abstracthe objective of this paper is to determine the level of competition in the South African banking sector. This is achieved by answering two fundamental questions. Firstly, what is the level of competition in the South African banking sector? Secondly, is there profit persistence in this sector? We make use of panel data sourced from the Bankscope database. OLS, FE and GMMSYS are used for estimation. Competition measures are split into two streams, the structural and the non-structural approaches. We follow the non-structural approach and outline two methods under this approach, namely the Lerner Index and the Boone Indicator. The innovation in this paper is bourne out of estimating the persistence of profits in the South African banking sector and then comparing the results with the already existing models in the literature. The main finding is that the South African banking sector exhibits low levels of competition. The 2008 financial crisis does not alter the main findings in any fundamental way. This supports the call for reform and better regulation in the South African banking sector.en_ZA
dc.description.librarianTL (2020)en_ZA
dc.facultyFaculty of Commerce, Law, and Managementen_ZA
dc.identifier.urihttps://hdl.handle.net/10539/29837
dc.language.isoenen_ZA
dc.schoolSchool of Economic and Business Sciencesen_ZA
dc.titleCompetition and profit persistence in the South African Banking Sectoren_ZA
dc.typeThesisen_ZA
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