Determinants of commercial banks' profitability in Malawi: A cointegration approach

Applied Financial Economics

Volumn 13, Issue 8, 2003, Pages 565-571

  Chirwa, E W ^a  

^a UNIVERSITY OF MALAWI   (Malawi)

Author keywords

[No Author keywords available]

Indexed keywords

BANKING; COINTEGRATION ANALYSIS; PROFITABILITY; TIME SERIES;

MALAWI;

EID: 0042816489     PISSN: 09603107     EISSN: None     Source Type: Journal    
DOI: 10.1080/0960310022000020933     Document Type: Article

References (22)

1. Bain, J. S. (1951) The relation of profit rate to industry concentration: American manufacturing, 1936-1940. Quarterly Journal of Economics, 65, 293-324
2. Berger, A. N. (1995) The profit-relationship in banking-tests of market-power and efficient-market hypotheses. Journal of Money, Credit and Banking, 27, 405-31.
3. Berger, A. N. and Hannan, T. H. (1989) The price-concentration relationship in banking, Review of Economics and Statistics, 71, 291-9.
4. Civelek, M. M. and Al-Alami, M. W. (1991) An empirical investigation of the concentration-profitability relationship in the Jordanian banking system, Savings and Development, 15, 247-59.
5. Chirwa, E. W. (1998) Market structure, liberalization and performance in the Malawian banking industry, final research report, African Economic Research Consortium, Nairobi.
6. Chirwa, E. W. (1997) Market structure and performance of commercial banks in the Malawian banking industry, African Journal of Economic Policy, 4, 29-46.
7. Clark, J. A. (1986) Single-equation, multiple regression methodology: is it an appropriate methodology for the structure-performance relationship in banking, Journal of Monetary Economics, 18, 259-312.
8. Demsetz, H. (1973) Industry structure, market rivalry and public policy, Journal of Law and Economics, 16, 1-19.
9. Engle, R. F. and Granger, C. W. J. (1987) Co-integration and error correction: representation, estimation and testing, Econometrica, 55, 251-76.
10. Evanoff, D. D. and Fortier, D. L. (1988) Re-evaluation of the structure-conduct-performance paradigm in banking, Journal of Financial Services Research, 1, 249-60.
11. George, K. D. and Joll, C. (1971) Industrial Organisation: Competition, Growth and Structural Change, London: George Allen and Unwin.
12. Gilbert, R. A. (1984) Bank market structure and competition: a survey, Journal of Money, Credit and Banking, 16, 617-45.
13. Keeton, W. R. and Matsunaga, L. (1985) Profits of commercial banks in tenth district states, Economic Review of Federal Reserve Bank of Kansas City, June, 3-22.
14. Klein, M. A. (1971) A theory of the banking firm, Journal of Money, Credit and Banking, 3, 205-18.
15. Maudos, J. (1998) Market structure and performance in Spanish banking using a direct measure of efficiency. Applied Financial Economics, 8, 191-200.
16. Mitchell, K. (1984) Capital adequacy at commercial banks, Economic Review of Federal Reserve Bank of Kansas City, September/October, 17-30.
17. Molyneux, P. and Forbes, W. (1995) Market structure and performance in European banking, Applied Economics, 27, 155-9.
18. Mullineaux, D. (1978) Economies of scale and organisational efficiency in banking: a profit function approach, Journal of Finance, 28, 259-80.
19. Peltzman, S. (1977) The gains and losses from industrial concentration, Journal of Law and Economics, 20, 229-63.
20. Rose, S. A. and Fraser, D. R. (1976) The relationship between stability and change in market structure: an analysis of bank prices, Journal of Industrial Economics, 24, 251-66.
21. Santomore, A. M. (1984) Modelling the banking firm: a survey, Journal of Money, Credit and Banking, 16, 576-602.
22. Smirlock, M. (1985) Evidence on the (non) relationship between concentration and profitability in banking, Journal of Money, Credit and Banking, 17, 69-83.