Pouvoir de Marché et Tarifications du Crédit : Cas de l'UEMOA

• Autorzy: Abdoulaye Ndiaye

Warianty tytułu

Market Power and Pricing of Loan : Evidence from the WAEMU Banking Sector

• Języki publikacji: FR

Abstrakty

Cet article évalue la relation entre le pouvoir de marché et la tarification du crédit sur un échantillon de 49 banques de 7 pays de l ' Union Économique et Monétaire Ouest Africaine (UEMOA) sur la période de 2003 à 2014. Notre méthodologie empirique relie une analyse des données de panel et une régression non linéaire. Nos résultats montrent que le pouvoir de marché influence positivement la tarification du crédit dans l ' UEMOA. Cela conforte l ' hypothèse du pouvoir de marché qui stipule que la concentration du marché incite à une forte tarification des produits bancaires (taux débiteurs plus élevés et taux créditeurs plus bas, donc marges d ' intérêt importantes) et limite l ' accès au financement. La régression non linéaire met en évidence l ' existence d ' un seuil qui n ' est pas significatif dans notre échantillon car, seul le premier ou le deuxième centile des données de notre échantillon vérifie le second régime. Alors que les 98% ou 99% restant confirment les résultats du modèle linéaire. Ces résultats ont d ' importantes implications de politiques de régulation bancaire dans l ' UEMOA.(abstrakt oryginalny)

EN

This article assesses the relationship between market power and the credit pricing using a sample of 49 banks drawing from seven West African Economic and Monetary Union (WAEMU) countries for the period 2003-2014. Our empirical methodology relies on a panel data analysis and nonlinear estimation. We find that market power influences positively the credit pricing in the WAEMU. This is consistent with the market power hypothesis, which stipulates that concentrated markets encourages strong pricing of banking products (higher debtors rates and lower creditors rates, so more important interest margins), and limits access to financing. The nonlinear regression highlights the existence of a threshold that is not significant in ours sample because only the first or second percentile of our data verify the second regim. While the remaining 98% to 99% confirm the results of the linear model. These results have importantes implications for bank regulation policies in the WAEMU.(original abstract)

Słowa kluczowe

EN

Market risk; Market orientation; Credit risk analysis; Credit; Currency union

PL

Ryzyko rynkowe; Orientacja rynkowa; Analiza ryzyka kredytowego; Kredyt; Unia walutowa

• Czasopismo: Revue Internationale des Economistes de Langue Française : revue de l'Association Internationale de Economistes de Langue Française avec la collaboration Université des Sciences Economiques et de Gestion
• Rocznik: 2020
• Tom: 5
• Numer: nr 2
• Strony: 148--174

Twórcy

autor

Abdoulaye Ndiaye

• Université Gaston Berger, Senegal

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