level of fair competition in the provision of banking services across the country. This paper utilizes non …-based causal relationship between banks' cost efficiency and competition via data envelope analysis (DEA) using the generalized … average fund rate had a positive effect on competition; however, the physical capital price index, the index of leverage, and …

function cannot be used to infer the degree of competition. Only an unscaled revenue equation yields a valid measure for … findings are confirmed by an empirical analysis of competition in the banking industry, based on a sample covering more than …

competition? We study this question in a model of financial intermediation with limited commitment. In the absence of scale …