| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4440 |
| DP4440 Trade Costs versus Urban Costs | |
| Jacques-François Thisse; Jean Cavailhès; Carl Gaigné | |
| 发表日期 | 2004-08-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | How do banks react to increased competition? Recent banking theory offers conflicting predictions about the impact of competition on bank orientation - i.e., the choice of relationship based versus transactional banking - and bank industry specialization. We empirically investigate the impact of interbank competition on bank branch orientation and specialization. We employ a unique dataset containing detailed information on bank-firm relationships and industry classification. We find that bank branches facing stiff local competition engage considerably more in relationship-based lending and specialize somewhat less in a particular industry. Our results illustrate that competition and relationships are not necessarily inimical. |
| 主题 | Financial Economics |
| 关键词 | Bank orientation Bank industry specialization Competition Lending relationships |
| URL | https://cepr.org/publications/dp4440 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533451 |
| 推荐引用方式 GB/T 7714 | Jacques-François Thisse,Jean Cavailhès,Carl Gaigné. DP4440 Trade Costs versus Urban Costs. 2004. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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