Please use this identifier to cite or link to this item:
https://ah.lib.nccu.edu.tw/handle/140.119/63870
DC Field | Value | Language |
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dc.contributor | 金融系 | en_US |
dc.creator | Chang, Shun-Chiao ; Chang, Jui-Chuan Della ; Huang, Tai-Hsin | en_US |
dc.creator | 張順教;張瑞娟;黃台心 | zh_TW |
dc.date | 2012-09 | en_US |
dc.date.accessioned | 2014-02-17T01:55:19Z | - |
dc.date.available | 2014-02-17T01:55:19Z | - |
dc.date.issued | 2014-02-17T01:55:19Z | - |
dc.identifier.uri | http://nccur.lib.nccu.edu.tw/handle/140.119/63870 | - |
dc.description.abstract | This study attempts to investigate market power in the U.S. commercial banking industry since the U.S. government began to deregulate the banking sector in the early 1990s using the static Bresnahan–Lau model (SBLM) and dynamic Bresnahan–Lau model with error corrections (DBLEC). In particular, panel unit root and panel cointegration techniques are utilized to examine the dynamic model. The empirical results of the SBLM show that the banking industry is highly competitive. The empirical results of DBLEC also suggest that the commercial banking industry is close to being perfectly competitive in the short run. By contrast, the adjustment speeds of the supply and demand sides towards the long-run equilibrium are quite slow in that market, which implies that the U.S. commercial banks enjoy a certain degree of long-run market power. | en_US |
dc.format.extent | 247424 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | en_US | - |
dc.relation | Economic Modeling, 29(5), 1558-1565 | en_US |
dc.subject | Market power; Bresnahan–Lau model; DBLEC; Panel cointegration | en_US |
dc.title | Assessing Market Power in the U.S. Commercial Banking Industry under Deregulation | en_US |
dc.type | article | en |
dc.identifier.doi | 10.1016/j.econmod.2012.05.007 | - |
dc.doi.uri | http://dx.doi.org/10.1016/j.econmod.2012.05.007 | - |
item.languageiso639-1 | en_US | - |
item.cerifentitytype | Publications | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.grantfulltext | restricted | - |
item.openairetype | article | - |
item.fulltext | With Fulltext | - |
Appears in Collections: | 期刊論文 |
Files in This Item:
File | Description | Size | Format | |
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15581565.pdf | 241.62 kB | Adobe PDF2 | View/Open |
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