Show simple item record

dc.contributor.advisorBarbosa, Klênio
dc.contributor.authorSalazar, Fernando Morais Farré
dc.contributor.otherRocha, Bruno de Paula
dc.contributor.otherLucinda, Cláudio Ribeiro de
dc.date.accessioned2013-08-23T12:36:41Z
dc.date.available2013-08-23T12:36:41Z
dc.date.issued2013-08-05
dc.identifier.citationSALAZAR, Fernando Morais Farré. Assessing competition in banking industry: a multiproduct approach. Dissertação (Mestrado Profissional em Finanças e Economia) - FGV - Fundação Getúlio Vargas, São Paulo, 2013.
dc.identifier.urihttp://hdl.handle.net/10438/11075
dc.description.abstractThis paper aims to investigate the competition aspects of banking multiproduct operation. Based on an extension of Panzar and Rosse (1987)’s test to the case of a multiproduct banking firm, we take advantage of a new dataset constructed to Brazilian banking conglomerates to infer the impact of conglomeration on market power. We find that banks offering classic (i.e., loans and credit cards) and other bank products (i.e., brokerage services, insurance and capitalization bonds) have substantially higher market power than the ones which offer only classic products. Results suggest a positive bias on the traditional estimates of competition in which the multioutput actions are not taken into account.eng
dc.language.isoeng
dc.subjectMicroeconomics of bankingpor
dc.subjectBanking competitionpor
dc.subjectMultiproduct firmpor
dc.titleAssessing competition in banking industry: a multiproduct approacheng
dc.typeDissertationeng
dc.subject.areaEconomiapor
dc.contributor.unidadefgvEscolas::EESPpor
dc.subject.bibliodataMacroeconomiapor
dc.subject.bibliodataConcorrênciapor


Files in this item

Thumbnail
Thumbnail

This item appears in the following Collection(s)

Show simple item record