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An Approach to the Delineation of Rural Banking Markets

Stephen A. Mathis, Duane G. Harris and Michael Boehlje

American Journal of Agricultural Economics, 1978, vol. 60, issue 4, 601-608

Abstract: A cross-demand schedule approach is modified to develop a procedure for delineating product and service markets. Firms are classified as either rivals or nonrivals based on a statistical examination of response times to price adjustments. A test of the approach is made for the delineation of banking markets. Preliminary results indicate that the procedure may have potential for assisting policy makers in decisions regarding the competitive environment of the banking industry.

Date: 1978
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