Evolución del Poder de Mercado en los Servicios de Intermediación Financiera en Argentina

Karina V. Otero

MPRA Paper from University Library of Munich, Germany

Abstract: The low depth of the Argentine financial system raises concerns about its potential for development, even under favorable macroeconomic expectations. Contributing to the analysis of this key industry, this paper develops a methodology to measure the evolution of market power of financial intermediaries in the Argentine market. The proposed alternative framework models the industry production, and takes into account the duality of the financial intermediation business. The structural model follows the guidelines of the New Empirical Industrial Organization (NEIO) and the discrete choice literature, adapting the analysis to the local industry. The paper finds evidence supporting the presence of market power in the financial intermediation industry, but also finds signs of increase in the level of competition.

Keywords: Bank Services; Financial Services; Discrete Choice; Bank Competition; Argentina’s Banking; Financial Entities; Market Power. (search for similar items in EconPapers)
JEL-codes: C33 C8 G21 L11 L13 (search for similar items in EconPapers)
Date: 2008-03, Revised 2009-09
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Ensayos Economicos 50 (2008): pp. 7-60

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/86794/1/MPRA_paper_86794.pdf original version (application/pdf)

Related works:
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:86794

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 ().