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The law of proportionate effect of OECD bank sectors

Rudi Vander Vennet UGent (2001) APPLIED ECONOMICS. 33(4). p.539-546
abstract
The paper investigates the growth dynamics of the bank sectors in the OECD area over the period 1985 1994 and examines whether the structural financial reforms of the late 1980s have affected their growth path. Based on a test of Gibrat's law of proportionate effect, it is found that the 1985-89 period was characterized by size convergence, implying that smaller bank sectors were expanding more rapidly. However, in the 1990-1994 period the pattern reversed to proportionate growth. The analysis of the determinants of bank market growth reveals that macroeconomic growth, operational bank efficiency, credit quality, and capitalization are the main drivers of bank industry growth.
Please use this url to cite or link to this publication:
author
organization
year
type
journalArticle (original)
publication status
published
subject
journal title
APPLIED ECONOMICS
Appl. Econ.
volume
33
issue
4
pages
539 - 546
Web of Science type
Article
Web of Science id
000167730200011
JCR category
ECONOMICS
JCR impact factor
0.17 (2001)
JCR rank
143/165 (2001)
JCR quartile
4 (2001)
ISSN
0003-6846
language
English
UGent publication?
yes
classification
A1
id
145333
handle
http://hdl.handle.net/1854/LU-145333
date created
2004-01-14 13:38:00
date last changed
2016-12-19 15:38:34
@article{145333,
  abstract     = {The paper investigates the growth dynamics of the bank sectors in the OECD area over the period 1985 1994 and examines whether the structural financial reforms of the late 1980s have affected their growth path. Based on a test of Gibrat's law of proportionate effect, it is found that the 1985-89 period was characterized by size convergence, implying that smaller bank sectors were expanding more rapidly. However, in the 1990-1994 period the pattern reversed to proportionate growth. The analysis of the determinants of bank market growth reveals that macroeconomic growth, operational bank efficiency, credit quality, and capitalization are the main drivers of bank industry growth.},
  author       = {Vander Vennet, Rudi},
  issn         = {0003-6846},
  journal      = {APPLIED ECONOMICS},
  language     = {eng},
  number       = {4},
  pages        = {539--546},
  title        = {The law of proportionate effect of OECD bank sectors},
  volume       = {33},
  year         = {2001},
}

Chicago
Vander Vennet, Rudi. 2001. “The Law of Proportionate Effect of OECD Bank Sectors.” Applied Economics 33 (4): 539–546.
APA
Vander Vennet, R. (2001). The law of proportionate effect of OECD bank sectors. APPLIED ECONOMICS, 33(4), 539–546.
Vancouver
1.
Vander Vennet R. The law of proportionate effect of OECD bank sectors. APPLIED ECONOMICS. 2001;33(4):539–46.
MLA
Vander Vennet, Rudi. “The Law of Proportionate Effect of OECD Bank Sectors.” APPLIED ECONOMICS 33.4 (2001): 539–546. Print.