Adams, Robert M.; Röller, Lars-Hendrik; Sickles, Robin C. - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2002
This paper provides evidence on the empirical separability of input and output market imperfections. We specify a model of banking competition and simultaneously estimate bank conduct in output (loan) and input (deposit) markets. Our results suggest that firms display some degree of...