Friday, July 14, 2017

Banking Boone Indicator - Latin America (top 10 by Gdp)

Boone Indicator (from World bank) :  "It measures the effect of efficiency on performance in terms of profits. It is calculated as the elasticity of profits to marginal costs." (...) "The more negative the Boone indicator is, the higher the level of competition is in the market, because the effect of reallocation is stronger."

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