Bank commercial loan markets and the role of market structure: evidence from surveys of commercial lending
This paper seeks to test two tenets that underlie the current practice of antitrust analysis in banking. The first is the view that bank commercial loan markets are local in nature, and the second is the view that banks in more concentrated markets are more likely to engage in some form of noncompet...
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| Veröffentlicht in: | Journal of banking & finance 1991-02, Vol.15 (1), p.133-149 |
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| creator | Hannan, Timothy H. |
| description | This paper seeks to test two tenets that underlie the current practice of antitrust analysis in banking. The first is the view that bank commercial loan markets are local in nature, and the second is the view that banks in more concentrated markets are more likely to engage in some form of noncompetitive behavior. Tests of both of these tenets are conducted using an extensive set of loan-specific survey information not previously employed to address these issues. Results consistent with the existence of local banking markets and the dominance of competitive differences as an explanation for observed differences in loan rates are found. |
| doi_str_mv | 10.1016/0378-4266(91)90042-K |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0378-4266 |
| ispartof | Journal of banking & finance, 1991-02, Vol.15 (1), p.133-149 |
| issn | 0378-4266 1872-6372 |
| language | eng |
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| source | RePEc; Periodicals Index Online; ScienceDirect Journals (5 years ago - present) |
| subjects | Bank loans Banks Commercial banks Commercial credit Credit market Economic concentration Economic models Economic structure Economic theory Hypotheses Interest rates Loans Market structure Regression analysis Roles Studies Surveys |
| title | Bank commercial loan markets and the role of market structure: evidence from surveys of commercial lending |
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