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Structure and performance in the Portuguese banking industry in the nineties

dc.contributor.authorMendes, Victor
dc.contributor.authorRebelo, João
dc.date.accessioned2018-05-23T12:35:58Z
dc.date.available2018-05-23T12:35:58Z
dc.date.issued2003-04
dc.description.abstractIn this paper we study the structure-performance relationship in the Portuguese banking industry during the nineties. The hypothesis of pure collusion, efficient structure, modified efficient structure and hybrid collusion/efficiency are tested using a direct measure of efficiency. Our results endorse the hybrid collusion/efficiency hypothesis in the first half of the nineties. However, after 1994 results lend some support to the modified efficient structure hypothesis. Competition at the local level remains important throughout the decade, suggesting that banks in less competitive local markets exert some level of market power and exhibit superior performances.pt_PT
dc.description.sponsorshipFinancial support from JNICT – Junta Nacional de Investigação Científica e Tecnológica (grant PCSH/ECO/938/95) is acknowledged.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationMendes, Victor e João Rebelo (2003). "Structure and performance in the Portuguese banking industry in the nineties". Portuguese Economic Journal, 2(1):53-68pt_PT
dc.identifier.doi10.1007/s10258-002-0016-5pt_PT
dc.identifier.issn1617-982X (print)
dc.identifier.issn1617-9838 (online)
dc.identifier.urihttp://hdl.handle.net/10400.5/15467
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherSpringer Verlagpt_PT
dc.subjectBankingpt_PT
dc.subjectEfficiencypt_PT
dc.subjectStructure-performancept_PT
dc.subjectPortugalpt_PT
dc.titleStructure and performance in the Portuguese banking industry in the ninetiespt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.conferencePlaceLisboapt_PT
oaire.citation.endPage68pt_PT
oaire.citation.issue1pt_PT
oaire.citation.startPage53pt_PT
oaire.citation.titlePortuguese Economic Journalpt_PT
oaire.citation.volume2pt_PT
rcaap.rightsclosedAccesspt_PT
rcaap.typearticlept_PT

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