H-Statistic in Banking Market for Ireland
DDOI03IEA066NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.44
Year-over-Year Change
43.37%
Date Range
1/1/2010 - 1/1/2014
Summary
The H-Statistic measures the degree of competition in the banking sector of Ireland. It is an important indicator for economists and policymakers to assess the health and efficiency of the country's financial system.
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 a measure of the competitive conditions in the banking industry. It evaluates the responsiveness of bank revenues to changes in input prices, providing insight into the level of competition and market power within the sector.
Methodology
The data is calculated based on the Panzar-Rosse model using bank-level financial information.
Historical Context
The H-Statistic helps inform banking regulation and competition policy decisions.
Key Facts
- The H-Statistic ranges from 0 to 1, with higher values indicating more competitive conditions.
- Ireland's banking sector H-Statistic has hovered around 0.5 in recent years.
- The H-Statistic is used to assess the intensity of competition and potential for monopolistic behavior.
FAQs
Q: What does this economic trend measure?
A: The H-Statistic measures the degree of competition in the banking sector of Ireland. It evaluates the responsiveness of bank revenues to changes in input prices.
Q: Why is this trend relevant for users or analysts?
A: The H-Statistic is an important indicator for economists and policymakers to assess the health and efficiency of Ireland's financial system and inform banking regulation and competition policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the Panzar-Rosse model using bank-level financial information.
Q: How is this trend used in economic policy?
A: The H-Statistic helps inform banking regulation and competition policy decisions in Ireland by providing insight into the level of competition and market power within the banking sector.
Q: Are there update delays or limitations?
A: The data is subject to update delays and may have limitations in coverage or methodology changes over time.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Ireland
IRLCP120000GYQ
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Ireland
LFEM24MAIEA657S
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Ireland
IRLCP040000IXNBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Ireland
IRLCP010000IXOBM
Consumer Price Index: Education (COICOP 10): Total for Ireland
IRLCP100000IXNBM
Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Ireland
LRINTTTTIEQ156S
Citation
U.S. Federal Reserve, H-Statistic in Banking Market for Ireland (DDOI03IEA066NWDB), retrieved from FRED.