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Bank Privatization and Market Structure of the Banking Industry: Evidence from a Dynamic Structural Model

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Academic year: 2019

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Table 1: Basic Sample Statistics 1995-2010
Table 2 reports (i) the frequency distribution of each market configuration (number of ob- ob-servations corresponding to each market structure) and (ii) the average market size (monthly average payroll of the municipality in R$ millions of 2011) correspon
Table 3: Effects of n pub,t− m 1 and n pri,t− m 1 on the Activity of Public Banks
Table 5: Effects of n pub,t− m 1 and n pri,t− m 1 on the Activity Probabilities of Private Banks (GMM) (I) (II) Nº Public 0.02015*** 0.01956*** [0.00] [0.00] Nº Private -0.02856*** -0.01737*** [0.00] [0.00]
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