A COMPARATIVE STUDY OF ALTERNATIVE ECONOMETRIC PACKAGES: AN APPLICATION TO ITALIAN DEPOSIT INTEREST RATES



Table 2

Summary Statistics (1990-96)

Average

Minimum

Maximum

Current account rate

6.01

1.98

10.79

CD interest rate (%)

9.19

1.12

14.50

Savings account interest rate

5.95

1.00

11.27

Deposits interest rate (%)

7.02

2.72

10.97

Herfindahl index

0.18

0.06

0.46

Concentration ratio (R3,%)

62.0

33.0

96.0

Branches per province

264

11

1834

Banks per province

25

4

115

Costs/total assets (%)

2.75

0.58

5.12

Staff costs per employee

51797

34119

82894

(euro)

Per capita provincial income (in

25.7 mil.

11mil.

43mil.

lire)

Correlations

(1990-99)

Herfindahl

R3

Branches per

Banks per

province

province

Herfindahl index

1

R3

0.83

1

Branches per provinces

-0.30

-0.33

1

Banks per province

-0.37

-0.38

0.66

1

Costs/total assets

-0.04

-0.01

-0.08

-0.02

Staff costs per employee

0.01

-0.01

0.08

-0.04

Costs/total assets

Staff costs per

employee

Costs/total assets

1

Staff costs per employee

-0.15

1

Summary Statistics for the Five Italian Macroregions: 1990-1999

(number of observations and average values of the variables)

NorthWest

NorthEast

Center

South

Islands

Italy

Number of observations

2980

2899

2117

1689

876

10561

Deposits’ interest rate (%)

5.92

5.88

5.74

5.52

5.45

5.77

Herfindahl index

0.17

0.22

0.21

0.18

0.24

0.20

Concentration ratio

59.7

68.1

67.1

60.2

67.3

64.2

Banks per province

27.3

27.4

25.7

16.4

14.1

24.3

29



More intriguing information

1. Cross border cooperation –promoter of tourism development
2. The name is absent
3. The name is absent
4. The name is absent
5. THE CHANGING STRUCTURE OF AGRICULTURE
6. WP 36 - Women's Preferences or Delineated Policies? The development or part-time work in the Netherlands, Germany and the United Kingdom
7. Structural Conservation Practices in U.S. Corn Production: Evidence on Environmental Stewardship by Program Participants and Non-Participants
8. TWENTY-FIVE YEARS OF RESEARCH ON WOMEN FARMERS IN AFRICA: LESSONS AND IMPLICATIONS FOR AGRICULTURAL RESEARCH INSTITUTIONS; WITH AN ANNOTATED BIBLIOGRAPHY
9. The name is absent
10. The name is absent