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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7618 |
DP7618 The Impact of Mergers on the Degree of Competition in the Banking Industry | |
Barbara Chizzolini; Vittoria Cerasi; Marc Ivaldi | |
发表日期 | 2010-01-10 |
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. |
主题 | Industrial Organization |
关键词 | Banking industry Competition and market structure Merger policy |
URL | https://cepr.org/publications/dp7618 |
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/536455 |
推荐引用方式 GB/T 7714 | Barbara Chizzolini,Vittoria Cerasi,Marc Ivaldi. DP7618 The Impact of Mergers on the Degree of Competition in the Banking Industry. 2010. |
条目包含的文件 | 条目无相关文件。 |
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