A test of competition in Brazilian banking
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 hy...
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| Format: | article |
| Language: | EN PT |
| Published: |
Universidade de São Paulo
2002
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| Subjects: | |
| Online Access: | https://doaj.org/article/b0db146937dd4a1d90e060535f123ef2 |
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