Estimating the intensity of price and non-price competition in banking: an application to the Spanish case
Santiago Carbo Valverde (),
Juan Fernández de Guevara Radoselovics (),
David Humphrey () and
Joaquin Maudos ()
Additional contact information
Juan Fernández de Guevara Radoselovics: University of Valencia; Ivie
David Humphrey: FLORIDASTATE UNIVERSITY
Authors registered in the RePEc Author Service: Juan Fernández-de-Guevara ()
No 201023, Working Papers from Fundacion BBVA / BBVA Foundation
We model bank oligopoly behaviour using price and non-price competition as strategic variables in an expanded conjectural variations framework. Rivals can respond to changes in both loan and deposit market prices as well as (non-price) branch market shares. The model is illustrated using data for Spain which, over 1986-2002, eliminated interest rate and branching restrictions and set off a competitive race to lock in expanded market shares. Banks use both interest rates and branches as strategic variables and both have changed over time. We illustrate the results using a regional vs. a national specification for the relevant markets.
Keywords: non-price competition; banking; market shares. (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed
Downloads: (external link)
http://www.fbbva.es/TLFU/tlfu/ing/publicaciones/do ... index.jsp?codigo=151
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.fbbva.es/TLFU/tlfu/ing/publicaciones/documentos/fichadoc/index.jsp?codigo=151 [301 Moved Permanently]--> https://www.fbbva.es/TLFU/tlfu/ing/publicaciones/documentos/fichadoc/index.jsp?codigo=151)
Working Paper: Estimating the intensity of price and non-price competition in banking: an application to the Spanish case (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fbb:wpaper:201023
Access Statistics for this paper
More papers in Working Papers from Fundacion BBVA / BBVA Foundation Contact information at EDIRC.
Bibliographic data for series maintained by Fundacion BBVA / BBVA Foundation ().