In this paper we assess the impact of multimarket contact of banks on their market power by means of a simultaneous equation model, in which the divergence of price from marginal cost is a function of multimarket linkages. The model is estimated using aggregate data from the Italian regions for...

<i> Un indice per la valutazione dell’attrattività turistica potenziale: aspetti metodologici e di calcolo </i> (di Paolo Coccorese, Alfonso Pellecchia) - ABSTRACT: Al fine di comprendere meglio le dinamiche del settore turistico (risorsa di importanza strategica per molte aree dell’Italia) e...

In this paper we develop an empirical two-stage model of price competition for the banking industry that incorporates the choice of capacity in the form of new branches. This is achieved by supplementing the customary two-equation framework (demand plus first-order condition in the loan market)...

By means of an application of the Rosse--Panzar methodology, we assess the degree of competition in the Italian car insurance market in order to evaluate the considerable fine that is imposed on 39 companies by the Italian Antitrust Authority (IAA) in 2000 for their supposed anticompetitive...

In this article we estimate individual banks' Lerner indices for a large group of countries in the years 1994--2012 by means of the econometric method proposed by Kumbhakar <italic>et al.</italic> (2012), which is based on the stochastic frontier methodology. We then compare our results with those of existing...

By means of two NEIO techniques, this paper analyzes the conduct of a group of Italian single-branch banks operating as monopolists in small local areas (municipalities) in the years 1988-2005, in order to assess pricing behavior in highly concentrated banking markets. Both tests strongly reject...

We estimate banks' conduct for Italian regions, then regress the behavioural parameters on selected indicators of local banking market structure and macroeconomic performance. This allows to identify some factors explaining why banks exhibit different patterns of conduct across regions.