Estimating the intensity of price and non-price competition in banking: an application to the Spanish case
Santiago Carbo Valverde,
Juan Fernández de Guevara y Rodoselovics,
David Humphrey and
Joaquin Maudos ()
MPRA Paper from University Library of Munich, Germany
Abstract:
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. (97 words)
Keywords: non-price competition; banking; market shares (search for similar items in EconPapers)
JEL-codes: D43 G21 L13 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/15259/1/MPRA_paper_15259.pdf original version (application/pdf)
Related works:
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)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:15259
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().