Showing 1 - 10 of 107
This research aims to empirically analyze the spatial distribution of bank-branch networks in Canada. We study the market structure (both industrial and geographic concentrations) within the networks' own or adjacent postal areas. Our empirical framework considers branch density (the ratio of...
Persistent link: https://www.econbiz.de/10012159094
One account of spatial concentration focuses on productivity advantages arising from market size. We investigate this for 40 regions of Japan. Our results identify important effects of a region’s own size, as well as cost linkages between producers and suppliers of inputs. Productivity links...
Persistent link: https://www.econbiz.de/10010279091
It is of vital importance to better understand the US housing market, a market where the global financial crisis was originated from. In this paper, we build an infinite-horizon continuous-time structural model to study the effects of the long-standing and widespread Government-Sponsored...
Persistent link: https://www.econbiz.de/10012824959
There exist a vast number of studies on the banking industry. However, the insurance industry remains relatively unexplored. Increasingly, Austrian insurance institutions are becoming important as financial intermediaries in the domestic market, and - based on proximity advantage - also in the...
Persistent link: https://www.econbiz.de/10010293738
This paper investigates the market structure of Arab GCC banking industry during the years of 1993 to 2002 using the most frequently applied measures of concentration kbank concentration ratio (CRk) and Herfindahl-Hirschman Index (HHI) and evaluates the monopoly power of banks over the ten years...
Persistent link: https://www.econbiz.de/10010322778
The profit-maximizing and oligopoly bank model developed by Bresnahan and Lau allows determining the degree of market power held by an average bank. The equilibrium price equation includes a mark up, which is not used in the case of perfect competition but which is partially used in the case of...
Persistent link: https://www.econbiz.de/10010325100
This paper surveys the recent literature devoted to the analysis of the interactions between the adoption of voluntary or negotiated agreements as a tool of environmental policy and market structure. The goal of this survey is twofold. On the one hand, we would like to identify the market...
Persistent link: https://www.econbiz.de/10011608517
The economic liberalization in India was expected to boost the economy, particularly the industrial sector through faster technological development. The Schumpeterian hypothesis, which studies the relationship between market structure variables such as firm size and market concentration and...
Persistent link: https://www.econbiz.de/10010279155
In the UK, SSAP 13 requires that firms immediately expense most of their R&D expenditures.The reported earnings of high-R&D expenditure firms are therefore likely to convey less valuerelevantinformation to investors than those of less research-intensive firms. Using a sample offirms from the...
Persistent link: https://www.econbiz.de/10005870339
Using a panel data set of 361 German corporations for the period 1991-1996 we test the hypothesis that firms with more efficient governance structures have higher profitabilities. To determine efficiency we compare firms with respect to ownership concentration, the identity of owners, capital...
Persistent link: https://www.econbiz.de/10005859273