haku: @author Berger, A. / yhteensä: 13
viite: 6 / 13
| Tekijä: | Berger, A. Hannan, T. |
| Otsikko: | The efficiency cost of market imperfections: a switching regression approach using US firm panel data |
| Lehti: | Review of Economics and Statistics
1998 : AUG, VOL. 80:3, p. 454-465 |
| Asiasana: | STATISTICS BANKING EFFICIENCY |
| Kieli: | eng |
| Tiivistelmä: | Traditional concerns about concentration in product markets have centered on the social loss associated with the mispricing that occurs when market power is exercised. This paper focuses on a potentially greater loss from market power -- a reduction in cost efficiency brought about by the lack of market discipline in concentrated markets. The authors employ data from the commercial banking industry. |
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