Market Power in Non-Metro Banking

Banks in non-metropolitan areas compete in a spatially-differentiated environment. This paper estimates a structural model of the supply and demand of banking services in which pricing power depends on the distance between rival banks. A spatial econometric model finds that approximately 38.0% of economic surplus derives from spatial market power.


Issue Date:
2007
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/9720
Total Pages:
30
Series Statement:
Selected Paper no. 174130




 Record created 2017-04-01, last modified 2017-04-26

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