Citation
Setianto, Rahmat Heru and Azman-Saini, W. N.W. and Law, Siong Hook and Ahmad, Abd Halim and Mohd Daud, Siti Nurazira
(2025)
Does financial inclusion affect bank market power? International evidence.
Finance Research Letters, 85 (pt. E).
art. no. 108302.
pp. 1-11.
ISSN 1544-6123
Abstract
This research examines the effect of financial inclusion on bank market power using a sample of 672 banks from 73 countries over the 2005–2022 period. We calculate the Lerner index for each bank to measure its market power and apply principal component analysis to construct the financial inclusion index. Empirical findings from 2SLS regression and the system generalized method of moments estimator indicate that financial inclusion has a positive impact on bank market power. Moreover, the results of dynamic panel threshold analysis show that larger banks gain more from the expansion of financial inclusion.
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Additional Metadata
| Item Type: | Article |
|---|---|
| Subject: | Finance |
| Divisions: | School of Business and Economics |
| DOI Number: | https://doi.org/10.1016/j.frl.2025.108302 |
| Publisher: | Elsevier |
| Keywords: | Bank competition; Bank market power; Financial inclusion |
| Sustainable Development Goals (SDGs): | SDG 8: Decent Work and Economic Growth, SDG 9: Industry, Innovation and Infrastructure, SDG 10: Reduced Inequalities |
| Depositing User: | Ms. Nur Faseha Mohd Kadim |
| Date Deposited: | 07 May 2026 01:06 |
| Last Modified: | 07 May 2026 01:06 |
| Altmetrics: | http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1016/j.frl.2025.108302 |
| URI: | http://psasir.upm.edu.my/id/eprint/124247 |
| Statistic Details: | View Download Statistic |
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