With whom to merge? A tale of the Spanish banking deregulation process

Artikel

We propose a spatial competition model to study banks' strategic responses to the asymmetric Spanish geographic deregulation process. We find that once the geographic deregulation process finishes, inter-regional mergers between savings banks are optimal whenever the economies of scale associated to merging activities are low. If there are large gains, then there will be mergers between savings and commercial banks.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: SERIEs - Journal of the Spanish Economic Association ; ISSN: 1869-4195 ; Volume: 2 ; Year: 2011 ; Issue: 2 ; Pages: 159-184 ; Heidelberg: Springer

Classification and Topics

• Classification: Wirtschaft ; Noncooperative Games ; Banks; Depository Institutions; Micro Finance Institutions; Mortgages ; Financial Institutions and Services: Government Policy and Regulation ; Oligopoly and Other Imperfect Markets ; Monopolization; Horizontal Anticompetitive Practices ; Economics of Regulation
• Subject: branch deregulation ; mergers ; optimal behavior ; Spanish banking system ; Bankenregulierung ; Deregulierung ; Bank ; Fusion ; Nichtkooperatives Spiel ; Spanien

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Lozano-Vivas, Ana ; Meléndez-Jiménez, Miguel A. ; Morales, Antonio J.
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2011

Further information

• DOI: doi:10.1007/s13209-010-0035-2
• Handle: http://hdl.handle.net/10419/77719
• Last update: 10.03.2025, 11:44 AM CET