PARADIGMA STRUCTURE CONDUCT AND PERFORMANCE VERSUS HIPOTESIS EFISIENSI: MANAKAH YANG MENCERMINKAN INDUSTRI PERBANKAN INDONESIA?



Pracoyo Budi Jatmiko(1*)

(1) Program MSi Universitas Gadjah Mada
(*) Corresponding Author

Abstract


There are two competing hyphotesis with regard to market structure and performance. The first hypothesis is structure-conduct-performance paradigm which emphasized on market collusion and the second hypothesis is efficiency hyphotesis which emphasized on market efficiency. Both hypothesis are mutually exclusive. This article conducted test for both hyphotesis with respect to the Indonesian banking industry using pooling data from 16 largest bank for period 1988-1995. The results were suprisingly support the efficiency hyphotesis. It means that government regulation has succesfully fostered banks to enhance their efficiency and then improved their profit. However, readers have to use the finding prudently because there is a few sample limitation.

Keywords


traditional hyphotesis; efficiency hyphotesis; concentration ratio; market share, profitability.

Full Text:

PDF


References

Askhara, I. G. N., (1995), Deregulasi Perban-kan di Indonesia: Analisis Struktur dan Kinerja Bank-Bank Pemerintah dalam Era Pra dan Pasca Pakto 1988, Skripsi, Universitas Gadjah Mada (tidak dipubli-kasikan).

Evanoff, D. D., & Fortier, (1988), “Reeva-luation of The Stucture-Conduct-Perfor-mance Paradigm in Banking”, Journal of Financial Services Research, Vol. 1, June.

Gilbert, R. A., (1984), “Bank Market Stucture and Competition”, Journal of Money, Credit, and Banking, Vol. 16, pp. 617-645.

Goldberg, L. G., & Rai, A., (1996), “The Structure-Performance Relationship For European Banking”, Journal of Banking and Finance, Vol. 20, pp. 745-771.

Hasibuan, N., (1993), Ekonomi Indusri: Per-saingan, Monopoli, dan Regulasi, LP3ES.

Heggestad, A. A., & Mingo, J. J, (1977), “The Competitive Condition of U.S. Banking Markets and The Impact on Stuctural Reform”, Journal of Finance, Vol. 32, pp. 649-661.

Heggestad, A.A., (1984), “Comment on Bank Market Structure and Competition: A Survey”, Journal of Money, Credit, and Banking, Vol. 16, November, pp. 645-650.

Laporan Tahunan Bank Indonesia, (1988), Jakarta, Indonesia. Laporan Tahunan Bank Indonesia, (1995), Jakarta, Indonesia.

Lloyd-Williams, D. M., Molyneux, P., & Thornton, J., (1994), “Market Stucture and Performance in Spanish Banking”, Journal of Banking and Finance, Vol. 18, pp. 433-443.

Martin, S., (1988), “Market Power and/or Efficiency”, Review of Economics and Statistics, Vol. XX, No. 2, pp. 331-335.

Molyneux, P., & Thorton, J., (1992), “Deter-minants of European Bank Profitability: A Note”, Journal Banking and Finance, Vol. 16, pp. 1173-1178.

Rhoades, S., (1982), “Welfare Loss, Redis-tribution Effect, and Restriction of Output Due to Monopoly”, Journal of Monetary Economics, Vol. 9, pp. 375-387.

Smirlock, M., (1985), Evidence of The (non) Relationship Between Concentration and Profitability in Banking, Journal of Money, Credit, and Banking, Vol. 17, pp. 69-83.



Article Metrics

Abstract views : 2733 | views : 7048

Refbacks

  • There are currently no refbacks.


Bookmark and Share


Copyright (c) 2018 Journal of Indonesian Economy and Business

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Journal of Indonesian Economy and Business

Journal

Editorial Team
Focus and Scope
Peer Review Process
Publication Ethics
Screening for Plagiarism

Authors

Author Guidelines
Submission Guidelines
Online Submissions
Copyright Notice
Privacy Statement
Author Fees

Download

Author Pack
Submission Form & Manuscript Template

 

Reviewer

Reviewer Guidelines
Reviewer Acknowledgement

 

Reader

General Search
Achieves
Author index
Title index

 

 

The Journal of Indonesian Economy and Business (print ISSN 2085-8272; online ISSN 2338-5847) is published by the Faculty of Economics and Business Universitas Gadjah Mada, Indonesia. The content of this website is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License
© 2019 Journal of Indonesian Economy and Business 
 Visitor Statistics