{"id":"https://openalex.org/W1623717344","doi":"https://doi.org/10.5755/j01.ee.53.3.12249","title":"The Impact of Concentration on Competition and Efficiency in the Lithuanian Banking Sector","display_name":"The Impact of Concentration on Competition and Efficiency in the Lithuanian Banking Sector","publication_year":2015,"publication_date":"2015-12-05","ids":{"openalex":"https://openalex.org/W1623717344","doi":"https://doi.org/10.5755/j01.ee.53.3.12249","mag":"1623717344"},"language":"en","primary_location":{"id":"mag:1623717344","doi":"https://doi.org/10.5755/j01.ee.53.3.12249","is_oa":false,"landing_page_url":"https://www.inzeko.ktu.lt/index.php/EE/article/download/12248/6817","pdf_url":null,"source":{"id":"https://openalex.org/S2764594251","display_name":"Engineering Economics","issn_l":"1392-2785","issn":["1392-2785","2029-5839"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["abdc-b","anvur-scientific","norway-1","poland-70","russia-white-list-1"],"host_organization":"https://openalex.org/P4310317509","host_organization_name":"Kaunas University of Technology","host_organization_lineage":["https://openalex.org/P4310317509"],"host_organization_lineage_names":["Kaunas University of Technology"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Engineering Economics","raw_type":null},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5030766872","display_name":"Vilma Deltuvait\u0117","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I172574986","display_name":"Kaunas University of Technology","ror":"https://ror.org/01me6gb93","country_code":"LT","type":"education","lineage":["https://openalex.org/I172574986"]}],"countries":["LT"],"is_corresponding":false,"raw_author_name":"Vilma Deltuvait\u0117","raw_affiliation_strings":["Kaunas Univ. of Technol"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Kaunas Univ. of Technol","institution_ids":["https://openalex.org/I172574986"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5007952610","display_name":"Vytautas Va\u0161kelaitis","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I172574986","display_name":"Kaunas University of Technology","ror":"https://ror.org/01me6gb93","country_code":"LT","type":"education","lineage":["https://openalex.org/I172574986"]}],"countries":["LT"],"is_corresponding":false,"raw_author_name":"Vytautas Va\u0161kelaitis","raw_affiliation_strings":["Kaunas Univ. of Technol"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Kaunas Univ. of Technol","institution_ids":["https://openalex.org/I172574986"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5047206675","display_name":"Asta Pranckevi\u010di\u016bt\u0117","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I172574986","display_name":"Kaunas University of Technology","ror":"https://ror.org/01me6gb93","country_code":"LT","type":"education","lineage":["https://openalex.org/I172574986"]}],"countries":["LT"],"is_corresponding":false,"raw_author_name":"Asta Pranckevi\u010di\u016bt\u0117","raw_affiliation_strings":["Kaunas Univ. of Technol"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Kaunas Univ. of Technol","institution_ids":["https://openalex.org/I172574986"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I172574986"],"apc_list":null,"apc_paid":null,"fwci":5.7437,"has_fulltext":false,"cited_by_count":22,"citation_normalized_percentile":{"value":0.95446299,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"53","issue":"3","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9951000213623047,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9951000213623047,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14183","display_name":"Banking Sector Performance and Management","score":0.001500000013038516,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.000699999975040555,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bank-concentration","display_name":"bank concentration","score":0.6579999923706055},{"id":"https://openalex.org/keywords/market-competition","display_name":"market competition","score":0.6380000114440918},{"id":"https://openalex.org/keywords/bank-efficiency","display_name":"bank efficiency","score":0.9070000052452087},{"id":"https://openalex.org/keywords/mergers-and-acquisitions","display_name":"mergers and acquisitions","score":0.8140000104904175},{"id":"https://openalex.org/keywords/financial-liberalization","display_name":"financial liberalization","score":0.6610000133514404},{"id":"https://openalex.org/keywords/herfindahl-hirschman-index","display_name":"Herfindahl-Hirschman index","score":0.8840000033378601},{"id":"https://openalex.org/keywords/concentration-ratio","display_name":"concentration ratio","score":0.753000020980835},{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":0.8180000185966492},{"id":"https://openalex.org/keywords/return-on-equity","display_name":"return on equity","score":0.9950000047683716},{"id":"https://openalex.org/keywords/information-technology-in-banking","display_name":"information technology in banking","score":0.7020000219345093}],"concepts":[{"id":"https://openalex.org/C502338164","wikidata":"https://www.wikidata.org/wiki/Q9083","display_name":"Lithuanian","level":2,"score":0.8718931674957275},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.6455880999565125},{"id":"https://openalex.org/C2779713992","wikidata":"https://www.wikidata.org/wiki/Q2559581","display_name":"Market concentration","level":3,"score":0.6415717005729675},{"id":"https://openalex.org/C78780426","wikidata":"https://www.wikidata.org/wiki/Q902410","display_name":"Deregulation","level":2,"score":0.599810004234314},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5489778518676758},{"id":"https://openalex.org/C183206440","wikidata":"https://www.wikidata.org/wiki/Q46834","display_name":"Balance sheet","level":2,"score":0.545350968837738},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.4830958843231201},{"id":"https://openalex.org/C58823610","wikidata":"https://www.wikidata.org/wiki/Q746418","display_name":"Liberalization","level":2,"score":0.46965423226356506},{"id":"https://openalex.org/C2910001868","wikidata":"https://www.wikidata.org/wiki/Q458","display_name":"European union","level":2,"score":0.4612646698951721},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3420255780220032},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.32797175645828247},{"id":"https://openalex.org/C155739000","wikidata":"https://www.wikidata.org/wiki/Q877707","display_name":"Market structure","level":2,"score":0.315260648727417},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.29659777879714966},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.21331831812858582},{"id":"https://openalex.org/C155202549","wikidata":"https://www.wikidata.org/wiki/Q178803","display_name":"International trade","level":1,"score":0.16458582878112793},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:1623717344","doi":"https://doi.org/10.5755/j01.ee.53.3.12249","is_oa":false,"landing_page_url":"https://www.inzeko.ktu.lt/index.php/EE/article/download/12248/6817","pdf_url":null,"source":{"id":"https://openalex.org/S2764594251","display_name":"Engineering Economics","issn_l":"1392-2785","issn":["1392-2785","2029-5839"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["abdc-b","anvur-scientific","norway-1","poland-70","russia-white-list-1"],"host_organization":"https://openalex.org/P4310317509","host_organization_name":"Kaunas University of Technology","host_organization_lineage":["https://openalex.org/P4310317509"],"host_organization_lineage_names":["Kaunas University of Technology"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Engineering Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W643271385","https://openalex.org/W1506719637","https://openalex.org/W1516790986","https://openalex.org/W1525960344","https://openalex.org/W1535834351","https://openalex.org/W1541173506","https://openalex.org/W1588922143","https://openalex.org/W1595669677","https://openalex.org/W1968911863","https://openalex.org/W1970802204","https://openalex.org/W1983162145","https://openalex.org/W2003519774","https://openalex.org/W2012461453","https://openalex.org/W2012781553","https://openalex.org/W2017406777","https://openalex.org/W2029162797","https://openalex.org/W2033854486","https://openalex.org/W2038475889","https://openalex.org/W2049666237","https://openalex.org/W2062904349","https://openalex.org/W2072025057","https://openalex.org/W2117571670","https://openalex.org/W2146062336","https://openalex.org/W2146843937","https://openalex.org/W2164409253","https://openalex.org/W2166255197","https://openalex.org/W2797345588","https://openalex.org/W3121829561","https://openalex.org/W3123618617","https://openalex.org/W4214694604"],"related_works":["https://openalex.org/W7008764832","https://openalex.org/W7052041197","https://openalex.org/W4246831458","https://openalex.org/W2077747025","https://openalex.org/W3126066844","https://openalex.org/W866340191","https://openalex.org/W2416323647","https://openalex.org/W4392075863","https://openalex.org/W3169684827","https://openalex.org/W4392076238"],"abstract_inverted_index":{"European":[0,29],"banking":[1,126,138,156,203],"sectors":[2],"have":[3,52],"been":[4],"subject":[5],"to":[6,41,102,255,267],"various":[7],"forms":[8],"of":[9,24,27,49,61,71,87,91,98,112,152,189,195,199,233,248,259],"deregulation,":[10],"liberalization,":[11],"as":[12,14,237,239],"well":[13,238],"dramatic":[15],"improvements":[16],"in":[17,39,44,123,135,154,187,201],"information":[18],"technology":[19],"(IT).":[20],"As":[21],"the":[22,25,28,33,59,69,79,85,92,106,110,113,121,124,136,142,167,171,230,256,263],"result":[23],"creation":[26],"Union\u2019s":[30],"Single":[31],"Market,":[32],"financial":[34,62],"institutions":[35],"are":[36],"transforming":[37],"themselves":[38],"response":[40],"fundamental":[42],"changes":[43,51],"regulation":[45],"and":[46,58,74,81,89,147,170,181,193,215,241,261],"technology.":[47],"Many":[48],"these":[50],"vast":[53],"implications":[54],"for":[55,176,220],"competition,":[56],"concentration":[57,73,111,153,165,174],"efficiency":[60,90,200,212],"sectors.":[63],"This":[66,130],"paper":[67,100],"examines":[68],"impact":[70,119],"increasing":[72],"new":[75],"technologies,":[76],"linked":[77],"with":[78],"mergers":[80],"acquisitions":[82],"process,":[83],"on":[84,120,160,184,207],"degree":[86],"competition":[88,122],"Lithuanian":[93,125,137,155,202,225],"commercial":[94,114,226],"banks.":[95,196],"The":[96,150,197,217],"goal":[97],"this":[99,221],"is":[101,158,205],"check":[103],"whether,":[104],"during":[105],"analyzed":[107],"period":[108,264],"(2000-2006),":[109],"banks":[115,227,253],"had":[116],"a":[117],"negative":[118],"sector.":[127],"study":[131],"estimates":[132],"competitive":[133],"behavior":[134],"system":[139],"by":[140,145,229],"applying":[141],"method":[143],"developed":[144],"Panzar":[146],"Rosse":[148],"(1987).":[149],"research":[151,198],"sector":[157,204],"based":[159,183,206],"two":[161,208],"most":[162,209],"frequently":[163,210],"used":[164,211],"measures:":[166],"Herfindahl-Hirschman":[168],"index":[169],"k":[172,177],"bank":[173],"ratios,":[175],"=":[178],"1,":[179],"3":[180],"5,":[182],"market":[185],"shares":[186],"terms":[188],"total":[190],"assets,":[191],"loans":[192],"deposits":[194],"indicators:":[213],"ROA":[214],"ROE.":[216],"panel":[218],"data":[219,250],"analysis":[222],"comprises":[223],"all":[224,252],"covered":[228],"National":[231,257],"Bank":[232,258],"Lithuanian\u2019s":[234],"balance":[235],"sheet":[236],"profit":[240],"loss":[242],"accounts":[243],"statistics.":[244],"These":[245],"statistics":[246],"consist":[247],"annual":[249],"from":[251,265],"reporting":[254],"Lithuania":[260],"cover":[262],"2000":[266],"2006.":[268]},"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":5},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":4}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}
