Boone Indicator in Banking Market for Hong Kong SAR, China
DDOI05HKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.03
Year-over-Year Change
-48.92%
Date Range
1/1/1999 - 1/1/2014
Summary
The Boone Indicator measures competition in the banking market of Hong Kong SAR, China. It is an important metric for evaluating the efficiency and competitiveness 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 Boone Indicator is an economic measure that quantifies the degree of competition in a given market. In the context of the banking sector in Hong Kong SAR, China, it provides insights into the level of competition among financial institutions and the overall efficiency of the market.
Methodology
The data is calculated based on the relationship between bank profits and marginal costs.
Historical Context
The Boone Indicator is widely used by policymakers and regulators to assess the competitive landscape of the banking industry and inform policy decisions.
Key Facts
- The Boone Indicator ranges from -1 to 0, with lower values indicating higher competition.
- Hong Kong's banking sector has historically exhibited a high level of competition.
- The Boone Indicator is used to evaluate the efficiency and resilience of the banking industry.
FAQs
Q: What does the Boone Indicator measure?
A: The Boone Indicator measures the degree of competition in the banking market of Hong Kong SAR, China. It quantifies the relationship between bank profits and marginal costs.
Q: Why is the Boone Indicator relevant for users or analysts?
A: The Boone Indicator provides valuable insights into the competitive dynamics of the banking sector, which is crucial for policymakers, regulators, and market participants to assess the efficiency and resilience of the financial system.
Q: How is the Boone Indicator data collected or calculated?
A: The Boone Indicator is calculated based on the relationship between bank profits and marginal costs.
Q: How is the Boone Indicator used in economic policy?
A: Policymakers and regulators use the Boone Indicator to evaluate the competitive landscape of the banking industry and inform policy decisions aimed at promoting a healthy and efficient financial sector.
Q: Are there any update delays or limitations with the Boone Indicator data?
A: The Boone Indicator data may be subject to occasional update delays, and it is important to consider the latest available information when interpreting the metric.
Related Trends
Value of Exports to Hong Kong from Ohio
OHHKGA052SCEN
Value of Exports to Hong Kong from South Carolina
SCHKGA052SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for China, P.R.: Hong Kong
HKGFCLODCXDC
Value of Exports to Hong Kong from New York
NYHKGA052SCEN
Mutual Fund Assets to GDP for Hong Kong SAR, China
DDDI07HKA156NWDB
Value of Exports to Hong Kong from North Carolina
NCHKGA052SCEN
Citation
U.S. Federal Reserve, Boone Indicator in Banking Market for Hong Kong SAR, China (DDOI05HKA156NWDB), retrieved from FRED.