A test of perfect competition in the UK retail-banking deposit market

被引:1
|
作者
Ashton, JK [1 ]
机构
[1] Univ Leeds, Sch Business, Int Inst Banking & Financial Serv, Leeds LS2 9JT, W Yorkshire, England
来源
SERVICE INDUSTRIES JOURNAL | 2001年 / 21卷 / 04期
关键词
D O I
10.1080/714005052
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This article presents a test for perfect competition in the deposit market of the UK retail-banking sector The model employed draws from the New Economic Industrial Organisation (NEIO) technique forwarded by Hannan and Liang [1993]. The test is applied to a sample of eight UK retail banks between 1992-97. The presence of perfect competition is rejected for all banks. The empirical evidence does not support qualitative evidence of increasing competitiveness amongst UK retail banks.
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页码:119 / 132
页数:14
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