Cerasi, Vittoria; Chizzolini, Barbara; Ivaldi, Marc - 2010 - This draft: 24 November 2009
This paper analyses the relation between competition and concentration in the banking sector. The empirical answer is … given by testing a monopolistic competition model of bank branching behaviour on individual bank data at county level … (départements and provinces) in France and Italy. We propose a measure of the degree of competiveness in each local market that is …