A test of competition in Brazilian banking

Estudos Econômicos

Márcio Issao Nakane¹ 

[1] Universidade de São Paulo. Faculdade de Economia, Administração e Contabilidade;

关键词: banking competition;    Brazilian banking;   

DOI  :  

来源: DOAJ

【 摘 要 】

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 inBrazilis highly competitive, although the perfect competition hypothesis is rejected. The hypothesis that Brazilian banks behave like a cartel arrangement is also rejected.

【 授权许可】

Unknown