A Test of Competition in Brazilian Banking
| Author | : Marcio I. Nakane |
| Publisher | : |
| Total Pages | : 23 |
| Release | : 2001 |
| ISBN-10 | : OCLC:1290403007 |
| ISBN-13 | : |
| Rating | : 4/5 ( Downloads) |
Book Synopsis A Test of Competition in Brazilian Banking by : Marcio I. Nakane
Download or read book A Test of Competition in Brazilian Banking written by Marcio I. Nakane and published by . This book was released on 2001 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper implements an empirical test of market power for Brazilian banking based on Bresnahan (1982) and Lau (1982). A dynamic version of the test is applied. The results show that the banking industry in Brazil is highly competitive, although the perfect competition hypothesis is rejected.The hypothesis that Brazilian banks behave like a cartel arrangement is also rejected.
