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Impact of Financial Liberalization on Concentration and Competition in the Ghanaian Banking System: A Panzar-Rosse Analysis (2022)
Journal Article
Adu, A., & Bhattarai, K. (2022). Impact of Financial Liberalization on Concentration and Competition in the Ghanaian Banking System: A Panzar-Rosse Analysis. Journal of Development Economics and Finance, 3(2), 253-273. https://doi.org/10.47509/JDEF.2022.v03i02.01

This paper empirically investigated the evolution of market concentration in Ghana. It tests market competitiveness in banking systems post financial sector reforms. Using unbalanced panel data of 24 banks in the period 2003-2012, a period characteri... Read More about Impact of Financial Liberalization on Concentration and Competition in the Ghanaian Banking System: A Panzar-Rosse Analysis.

Economic and Institutional Determinants of Mergers & Acquisitions in BRICS, G7 and G20 Economies (2021)
Journal Article
Bhattarai, K., Prasuna, A., & Kumar, S. N. V. S. (in press). Economic and Institutional Determinants of Mergers & Acquisitions in BRICS, G7 and G20 Economies. Journal of Applied Business and Economics,

Factors contributing towards increasing the number of mergers and acquisitions (M &A) among firms and the volume of business and sales of these firms are assessed empiricallybased on results of the static and dynamic panel data models for BRICS, G7 a... Read More about Economic and Institutional Determinants of Mergers & Acquisitions in BRICS, G7 and G20 Economies.

Does corruption matter for stock markets? The role of heterogeneous institutions (2020)
Journal Article
Lakshmi, G., Saha, S., & Bhattarai, K. (2021). Does corruption matter for stock markets? The role of heterogeneous institutions. Economic modelling, 94, 386-400. https://doi.org/10.1016/j.econmod.2020.10.011

In examining the role of institutions in resisting corruption and its impact on growth, most studies concentrate on the aggregate level and conclude that sound institutions enhance growth. We focus instead on varying dimensions of heterogeneous insti... Read More about Does corruption matter for stock markets? The role of heterogeneous institutions.