Concentración bancaria, competencia y estabilidad financiera en Colombia

The recent increase in concentration levels and the regulation of financial systems around the world has revived the debate on the relationship between banking concentration, market competition and financial stability. In this paper, we study the relationship between these variables for the recent C...

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Autores:
Castaño, Juan David
Torres, Alejandro
Tipo de recurso:
Fecha de publicación:
2019
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
spa
OAI Identifier:
oai:repository.eafit.edu.co:10784/13482
Acceso en línea:
http://hdl.handle.net/10784/13482
Palabra clave:
banking competition
banking concentration
financial stability
financial crises.
Competencia bancaria
concentración bancaria
estabilidad financiera
crisis financiera.
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License
Acceso abierto
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repository_id_str
spelling Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees2019-04-10T13:51:25Z2019-02-282019-04-10T13:51:25Zhttp://hdl.handle.net/10784/13482D4G21N26The recent increase in concentration levels and the regulation of financial systems around the world has revived the debate on the relationship between banking concentration, market competition and financial stability. In this paper, we study the relationship between these variables for the recent Colombian case. Our results confirms the existence of a strong banking concentration process during the last decade, which has been accompanied in turn by a decrease in the level of competition among banks. However, this process has not compromised the stability of the banking system. On the contrary, it has been improved. Finally, we found a non-linear relationship between these variables, suggesting it is not recommended to increase the banking concentration levels in to the future.El aumento reciente en los niveles de concentración y regulación de los sistemas financieros alrededor del mundo ha revivido el debate sobre la relación entre concentración bancaria, competencia y estabilidad financiera. En este trabajo se analiza la relación entre estas variables para el caso colombiano a partir del uso de diferentes indicadores de concentración y competencia relevantes en la literatura. Los resultados obtenidos confirman la existencia de un fuerte proceso de concentración del mercado bancario durante la última década, que ha estado acompañado a su vez de una disminución en el nivel de competencia entre los participantes. Sin embargo, este proceso no ha comprometido la estabilidad financiera y, por el contrario, ha mejorado. Pese a ello, se evidencia la existencia de una relación no lineal entre estas variables, que sugiere que no es recomendable continuar aumentando los niveles de concentración a futuro.spaUniversidad EAFITEscuela de Economía y FinanzasConcentración bancaria, competencia y estabilidad financiera en ColombiaworkingPaperinfo:eu-repo/semantics/workingPaperDocumento de trabajo de investigacióndrafthttp://purl.org/coar/version/c_b1a7d7d4d402bccehttp://purl.org/coar/resource_type/c_8042Acceso abiertohttp://purl.org/coar/access_right/c_abf2banking competitionbanking concentrationfinancial stabilityfinancial crises.Competencia bancariaconcentración bancariaestabilidad financieracrisis financiera.jcasta45@eafit.edu.coCastaño, Juan DavidTorres, AlejandroLICENSElicense.txtlicense.txttext/plain; charset=utf-82556https://repository.eafit.edu.co/bitstreams/569aa819-7d1d-4aef-896f-10b28533262a/download76025f86b095439b7ac65b367055d40cMD51ORIGINALWP-2019-04-Juan David Castaño.pdfWP-2019-04-Juan David Castaño.pdfapplication/pdf1194660https://repository.eafit.edu.co/bitstreams/47d1ae68-6aa2-4f2a-ae7e-a0851666667a/download72bd4fa5f91c57782dee6a33bcf34a32MD5210784/13482oai:repository.eafit.edu.co:10784/134822024-03-05 14:06:23.514open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co
dc.title.spa.fl_str_mv Concentración bancaria, competencia y estabilidad financiera en Colombia
title Concentración bancaria, competencia y estabilidad financiera en Colombia
spellingShingle Concentración bancaria, competencia y estabilidad financiera en Colombia
banking competition
banking concentration
financial stability
financial crises.
Competencia bancaria
concentración bancaria
estabilidad financiera
crisis financiera.
title_short Concentración bancaria, competencia y estabilidad financiera en Colombia
title_full Concentración bancaria, competencia y estabilidad financiera en Colombia
title_fullStr Concentración bancaria, competencia y estabilidad financiera en Colombia
title_full_unstemmed Concentración bancaria, competencia y estabilidad financiera en Colombia
title_sort Concentración bancaria, competencia y estabilidad financiera en Colombia
dc.creator.fl_str_mv Castaño, Juan David
Torres, Alejandro
dc.contributor.eafitauthor.none.fl_str_mv jcasta45@eafit.edu.co
dc.contributor.author.none.fl_str_mv Castaño, Juan David
Torres, Alejandro
dc.subject.keyword.eng.fl_str_mv banking competition
banking concentration
financial stability
financial crises.
topic banking competition
banking concentration
financial stability
financial crises.
Competencia bancaria
concentración bancaria
estabilidad financiera
crisis financiera.
dc.subject.keyword.spa.fl_str_mv Competencia bancaria
concentración bancaria
estabilidad financiera
crisis financiera.
description The recent increase in concentration levels and the regulation of financial systems around the world has revived the debate on the relationship between banking concentration, market competition and financial stability. In this paper, we study the relationship between these variables for the recent Colombian case. Our results confirms the existence of a strong banking concentration process during the last decade, which has been accompanied in turn by a decrease in the level of competition among banks. However, this process has not compromised the stability of the banking system. On the contrary, it has been improved. Finally, we found a non-linear relationship between these variables, suggesting it is not recommended to increase the banking concentration levels in to the future.
publishDate 2019
dc.date.available.none.fl_str_mv 2019-04-10T13:51:25Z
dc.date.issued.none.fl_str_mv 2019-02-28
dc.date.accessioned.none.fl_str_mv 2019-04-10T13:51:25Z
dc.type.eng.fl_str_mv workingPaper
info:eu-repo/semantics/workingPaper
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_b1a7d7d4d402bcce
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_8042
dc.type.local.spa.fl_str_mv Documento de trabajo de investigación
dc.type.hasVersion.eng.fl_str_mv draft
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/10784/13482
dc.identifier.jel.none.fl_str_mv D4
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identifier_str_mv D4
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dc.language.iso.eng.fl_str_mv spa
language spa
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dc.rights.local.spa.fl_str_mv Acceso abierto
rights_invalid_str_mv Acceso abierto
http://purl.org/coar/access_right/c_abf2
dc.coverage.spatial.eng.fl_str_mv Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees
dc.publisher.spa.fl_str_mv Universidad EAFIT
dc.publisher.department.spa.fl_str_mv Escuela de Economía y Finanzas
institution Universidad EAFIT
bitstream.url.fl_str_mv https://repository.eafit.edu.co/bitstreams/569aa819-7d1d-4aef-896f-10b28533262a/download
https://repository.eafit.edu.co/bitstreams/47d1ae68-6aa2-4f2a-ae7e-a0851666667a/download
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repository.name.fl_str_mv Repositorio Institucional Universidad EAFIT
repository.mail.fl_str_mv repositorio@eafit.edu.co
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