The evolution of competitive conditions in the US banking sector
Part of : Σπουδαί : journal of economics and business ; Vol.54, No.2, 2004, pages 44-58
Issue:
Pages:
44-58
Author:
Abstract:
In this paper competitive conditions in the US banking sector are studied on the basis of a comprehensive State-level dataset for 1966-2000. Our findings are twofold. First, we empirically document that throughout the period studied the US banking sector's behaviour is consistent with a monopolistically competitive market structure. Second, the evolution of the market reveals that competitive conditions in the 90's have considerably weakened.
Subject (LC):
Keywords:
banking, market structure, Rosse-Paznar H-statistic
Notes:
Περιέχει σχήματα, πίνακες, σημειώσεις και βιβλιογραφία
