H-Statistic in Banking Market for Hong Kong SAR, China
DDOI03HKA066NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.36
Year-over-Year Change
-61.51%
Date Range
1/1/2010 - 1/1/2014
Summary
The H-Statistic measures the degree of competition in the banking market of Hong Kong SAR, China. It is a key indicator used by economists and policymakers to assess the health and efficiency of the financial sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The H-Statistic is an empirical measure of competition in the banking industry developed by economists. It reflects the responsiveness of bank revenues to changes in input prices, providing insights into the level of competition and contestability within the market.
Methodology
The data is calculated based on a model that examines the relationship between bank revenues and input prices.
Historical Context
The H-Statistic is widely used by central banks, financial regulators, and market analysts to monitor and evaluate the competitive dynamics of the banking sector.
Key Facts
- The H-Statistic ranges from 0 to 1, with higher values indicating more competitive markets.
- Hong Kong's banking sector has historically exhibited a relatively high H-Statistic, reflecting its competitive landscape.
- Tracking the H-Statistic helps policymakers assess the effectiveness of banking regulations and reforms.
FAQs
Q: What does the H-Statistic in Banking Market for Hong Kong SAR, China measure?
A: The H-Statistic measures the degree of competition in the banking market of Hong Kong SAR, China. It provides insights into the level of competition and contestability within the banking sector.
Q: Why is the H-Statistic relevant for users or analysts?
A: The H-Statistic is a key indicator used by economists and policymakers to assess the health and efficiency of the financial sector. It helps monitor the competitive dynamics of the banking industry and evaluate the effectiveness of banking regulations and reforms.
Q: How is the H-Statistic data collected or calculated?
A: The data is calculated based on a model that examines the relationship between bank revenues and input prices.
Q: How is the H-Statistic trend used in economic policy?
A: Central banks, financial regulators, and market analysts use the H-Statistic to monitor and evaluate the competitive dynamics of the banking sector, which informs policy decisions and regulatory frameworks.
Q: Are there any update delays or limitations with the H-Statistic data?
A: The H-Statistic data may be subject to occasional update delays or limitations due to the complexities involved in calculating the metric across the banking sector.
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Citation
U.S. Federal Reserve, H-Statistic in Banking Market for Hong Kong SAR, China (DDOI03HKA066NWDB), retrieved from FRED.