Normal 0 false false false EN-US X-NONE X-NONE This article analyzes the relationship between Indonesian banking competition, concentration, and systemic risk, using the characteristics of individual banks and state variables as control variables. This article uses the Panzar–Rosse Model and Concentration Ratio to measure banking competition and concentration, while measuring systemic risk by applying CoVaR. The empirical result shows that concentration and competition increase systemic risk. This means increasing competition leads banks to take higher risks, and also shows that banks with high market power tend to charge higher interest rates, thus increasing systemic risk. The Net Interest Margin as a control variable is statistically significant in competition-systemic risk models as well as in concentration-systemic risks. These findings support the competition-fragility view that banking system stability is seriously affected by banking competition level, especially in decreasing net interest margin periods. On an individual bank level, the competition-systemic risk relationship depends on the bank size and the interbank deposit ratio, but the capital structure and demand-deposit to total funding ratio are not significant.

中文翻译：

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竞争水平和银行集中度对系统风险的影响：印度尼西亚的案例

正常0错误错误错误EN-US X-NONE X-NONE本文使用单个银行的特征和状态变量作为控制变量，分析了印尼银行业竞争，集中度和系统风险之间的关系。本文使用Panzar-Rosse模型和集中度比率来衡量银行竞争和集中度，同时通过应用CoVaR来衡量系统性风险。实证结果表明，集中和竞争会增加系统性风险。这意味着竞争加剧导致银行承担更高的风险，也表明具有较高市场支配力的银行倾向于收取更高的利率，从而增加了系统性风险。净利息保证金作为控制变量在竞争性系统风险模型以及集中性系统风险中具有统计意义。这些发现支持了竞争脆弱性的观点，即银行体系的稳定性受到银行竞争水平的严重影响，特别是在净利息保证金期限减少的情况下。在单个银行层面，竞争系统风险关系取决于银行规模和银行同业存款比率，但资本结构和需求存款与总资金比率并不重要。