The relationship between bank competition and financial stability: a case study of the Mexican banking industry: La relación entre competencia bancaria y estabilidad financiera: un estudio de caso de la industria bancaria mexicana

Raúl Osvaldo Fernández; Jesús G. Garza-García

doi:10.29105/ensayos34.1-4

Autores/as

Raúl Osvaldo Fernández Banco de México
Jesús G. Garza-García Itaú BBA

DOI:

https://doi.org/10.29105/ensayos34.1-4

Palabras clave:

Estabilidad Financiera, Índice de Lerner, Competencia Bancaria, Sector Bancario Mexicano, Método Generalizado de Momentos

Resumen

Este artículo analiza las hipótesis de competencia-fragilidad y competencia-estabilidad en el sistema bancario mexicano, para el periodo 2001-2008. Para medir el nivel de competencia, se emplea el índice de Lerner y el índice-Z, así como la razón de créditos morosos entre créditos totales como proxies de estabilidad financiera y riesgo de portafolio, respectivamente. Los resultados indican que existen argumentos para sustentar ambos modelos. Sin embargo, los beneficios de un mayor nivel de estabilidad financiera en el sistema tienen más peso que el incremento en los riesgos de portafolio.

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Biografía del autor/a

Raúl Osvaldo Fernández, Banco de México

Financial Researcher, Directorate of Financial Stability, Banco de México. Address: Ave. 5 de mayo # 1 piso 1, Del. Cuauhtémoc, México, D.F. Phone: + 52 (55)52372000, ext. 3252.

Jesús G. Garza-García, Itaú BBA

Chief Mexico Economist, Itaú BBA. Address: Avenida Santa Fé 462, Piso 14, Col. Santa Fé, Del. Cuajimalpa, CP. 05438, Mexico City. Phone: +52 (55)41618908.

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