Competition and bank profitability

Journal of Economic Structures

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 5 Regression result for price—profitability relation.

Dependent var: ROA	Coef	T stat	P value
PRICE	10.345	4.71	0.000
CI	− 0.049	− 2.77	0.006
NPL	− 0.061	− 4.14	0.000
HHIownership	− 0.00003	0.0000203	0.135
Eqta	3.286	2.70	0.007
DBClass	− 0.405	− 3.01	0.003
Constant	4.947	3.59	0.001
R Sq	0.506
Number of observation	1234
Number of sample	93
Adj R sq	0.503

Clustering is applied in the random effect regression to deal with heteroskedasticity and autocorrelation