Arbeitspapier

Competition in Finnish banking: Two tests

This paper extends Bresnahan's (1982) test of competition to the two-product case. Applying this extension, as well as Bresnahan's original one-product test to the Finnish banking industry before and after the deregulation of financial markets produces some interesting results. With the two product model, a degree of imperfect competition is identified both in deposit and loan markets in the latter half of 1980s. The one product test, on the other hand, indicates that the competition was fairly intense before this. Besides the estimates of the degree of competition, 1 find evidence of economies of scope in deposit-taking and lending activities of banks. In addition, the paper discusses the concepts of price and output in banking.

Sprache
Englisch
ISBN
951-686-284-5

Erschienen in
Series: Bank of Finland Discussion Papers ; No. 8/1991

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Suominen, Matti
Ereignis
Veröffentlichung
(wer)
Bank of Finland
(wo)
Helsinki
(wann)
1991

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Suominen, Matti
  • Bank of Finland

Entstanden

  • 1991

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