Oliver, Alfredo Martín; Pardo, Sonia Ruano; Fumás, … - Banco de España - 2014
models spatial price competition between bank branches jointly with banks’ decisions on the opening or closing of branches …, the paper i) uses a new measure of bank productivity; ii) provides a productivity differences-based explanation of the … distance between bank branches and bank customers; and iii) shows how the intensity of market competition may be unaffected …