Abstract
This paper presents a model whereby banking firms use various strategies (price and non-price) simultaneously in a monopolistically competitive model of spatial competition when the various strategies are used across different markets in the presence of a multioutput technology. The theoretical model is estimated with Spanish data pertaining to the pre- and post-deregulatory periods in order to investigate the effects of deregulation of both interest rates and branches on the (differential) strategic conduct of private and savings bank.
Original language | English |
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Pages (from-to) | 351-366 |
Number of pages | 16 |
Journal | International Journal of the Economics of Business |
Volume | 14 |
Issue number | 3 |
DOIs | |
State | Published - Nov 2007 |
Bibliographical note
Funding Information:Moshe Kim wishes to acknowledge the kind support and hospitality received from DIW Berlin where the final stages of the paper were undertaken. Ana Lozano-Vivas and Antonio Morales acknowledge the financial support from CentrA and the Ministerio de Ciencia y Technología y FEDER, BEC2002–02852. We also thank Rafael Repullo, Julio Segura and audiences at the CEMFI Seminar (Madrid, March 2003) for helpful discussions. Moshe Kim, University of Haifa, Haifa, Israel and Universitat Pompeu Fabra, Barcelona, Spain; e-mail: [email protected]. Ana Lozano-Vivas, University of Malaga, Department of Economics, Malaga. 29013, Spain; Fax: +34 952 131256; e-mail: [email protected]. Antonio J. Morales, CentrA and University of Malaga, Department of Economics, Malaga 29013, Spain; Fax: +34 952 131246; e-mail: [email protected].
Keywords
- Banking
- Multistrategic
- Spatial Competition
ASJC Scopus subject areas
- Business, Management and Accounting (miscellaneous)
- Economics and Econometrics