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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
The Impact of Mergers on the Degree of Competition in the Banking Industry | |
Vittoria Cerasi; Barbara Chizzolini; Marc Ivaldi | |
发表日期 | 2010 |
出处 | Economy and Society |
出版年 | 2010 |
语种 | 英语 |
摘要 | This paper analyses the relation between competition and concentration in the banking sector. The empirical answer is given by testing a monopolistic competition model of bank branching behaviour on individual bank data at county level (départements and provinces) in France and Italy. We propose a measure of the degree of competiveness in each local market that is function also of market structure indicators. We then use the econometric model to evaluate the impact of horizontal mergers among incumbent banks on competition and discuss when, depending on the pre-merger structure of the market and geographic distribution of branches, the merger is anti-competitive. The paper has implications for competition policy as it suggests an applied tool to evaluate the potential anti-competitive impact of mergers. |
特色分类 | G21;L13;L59 |
关键词 | Banking Industry Competition and Market Structure Merger Policy |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-impact-of-mergers-on-the-degree-of-competition-in-the-banking-industry/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117875 |
推荐引用方式 GB/T 7714 | Vittoria Cerasi,Barbara Chizzolini,Marc Ivaldi. The Impact of Mergers on the Degree of Competition in the Banking Industry. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
2010716122241Nota_di(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
20107161223104NDL201(340KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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