Guillén, Ruth; Pinilla, Bernarda - In: Economía 35 (2010) 30, pp. 103-142
This paper analyzes the relation between bank mergers and changes in the concentration and efficiency of the Venezuelan … Banking System during the period 1998-2005. Efficiency was estimated through a stochastic cost frontier model. The … the idea that mergers are associated with concentration increases. However, the stochastic costs frontier model suggested …