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Boone Indicator in Banking Market for Cayman Islands (DDOI05KYA156NWDB)

Observation:

2013: -0.02211  
Updated: Aug 17, 2016

Units:

Index,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max
  EDIT BAR 1
(a) Boone Indicator in Banking Market for Cayman Islands, Index, Not Seasonally Adjusted (DDOI05KYA156NWDB)
A measure of degree of competition based on profit-efficiency in the banking market. It is calculated as the elasticity of profits to marginal costs. An increase in the Boone indicator implies a deterioration of the competitive conduct of financial intermediaries.

A measure of degree of competition, calculated as the elasticity of profits to marginal costs. To obtain the elasticity, the log of profits (measured by return on assets) is regressed on the log of marginal costs. The estimated coefficient (computed from the first derivative of a trans-log cost function) is the elasticity. The rationale behind the indicator is that higher profits are achieved by more-efficient banks. Hence, the more negative the Boone indicator, the higher the degree of competition is because the effect of reallocation is stronger. Estimations of the Boone indicator in this database follow the methodology used by Schaeck and Cihák 2010 with a modification to use marginal costs instead of average costs. Regional estimates of the Boone indicator pool the bank data by regions (for more information, see Hay and Liu 1997; Boone 2001; Boone, Griffith, and Harrison 2005). (Calculated from underlying bank-by-bank data from Bankscope)

Source Code: GFDD.OI.05

Boone Indicator in Banking Market for Cayman Islands

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  EDIT BAR 2
(a) Boone Indicator in Banking Market for Cayman Islands, Index, Not Seasonally Adjusted (DDOI05KYA156NWDB)
A measure of degree of competition based on profit-efficiency in the banking market. It is calculated as the elasticity of profits to marginal costs. An increase in the Boone indicator implies a deterioration of the competitive conduct of financial intermediaries.

A measure of degree of competition, calculated as the elasticity of profits to marginal costs. To obtain the elasticity, the log of profits (measured by return on assets) is regressed on the log of marginal costs. The estimated coefficient (computed from the first derivative of a trans-log cost function) is the elasticity. The rationale behind the indicator is that higher profits are achieved by more-efficient banks. Hence, the more negative the Boone indicator, the higher the degree of competition is because the effect of reallocation is stronger. Estimations of the Boone indicator in this database follow the methodology used by Schaeck and Cihák 2010 with a modification to use marginal costs instead of average costs. Regional estimates of the Boone indicator pool the bank data by regions (for more information, see Hay and Liu 1997; Boone 2001; Boone, Griffith, and Harrison 2005). (Calculated from underlying bank-by-bank data from Bankscope)

Source Code: GFDD.OI.05

Boone Indicator in Banking Market for Cayman Islands

Select a date that will equal 100 for your custom index:
to

Customize data:

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

Now create a custom formula to combine or transform the series.
Need help? []

Finally, you can change the units of your new series.

Select a date that will equal 100 for your custom index:

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Add data series to graph:

FORMAT GRAPH
Log scale:



NOTES
Title Release Dates

2012-09-24 2016-06-24
 
Source    

2012-09-24 2016-06-24
 
Release    

2012-09-24 2016-06-24
 
Units    

2012-09-24 2016-06-24
 
Frequency    

2012-09-24 2016-06-24
 
Seasonal Adjustment    

2012-09-24 2016-06-24
 
Notes    

2012-09-24 2016-06-24
RELEASE TABLES





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