Brissimis, Sophocles N.; Delēs, Manthos D. - 2022
The aim of this study is to provide an empirical methodology for the estimation of market power of individual banks …. The new method employs the well-known model of Panzar and Rosse (1987) and proposes its estimation using the local … relaxed, while the method proves successful in providing reasonable estimates of bank-level market power when applied to a …