BANK CONCENTRATION INDEX ANALYSIS AND ITS EFFECTS
BANK CONCENTRATION INDEX ANALYSIS AND ITS EFFECTS

Author(s): Adelina-Andreea Siriteanu, Erika-Maria Doacă, Alin Vasile Străchinaru
Subject(s): Economy, Socio-Economic Research
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: economic growth; public debt; Vector Autoregression Model, HHI;
Summary/Abstract: In the current context, the states of the world are facing a high level of external debt. This paper aims to analyze the macroeconomic indicator, HHI, and its impact in relation to other macroeconomic indicators, considering the economic situation and the level of public debt in the Member States of the European Union.The analysis period is represented by the period 2005 - 2019, a period of 15 years with an annual frequency. The purpose of this paper is to capture the influence of the macroeconomic indicator (HHI) on economic growth, with direct implications for the level of debt.In this regard, we will use the VAR (Vector Autoregression Model). The results of the analysis show a causal relationship between this indicator and the indicators with a pronounced impact on public debt. There is also an inertia in both the evolution of the indicator in relation to the analysed indicators and the public debt, reflected by a more inversely proportional relationship.

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