Ashton, J.K., 1999. A test of perfect competition in the UK retail-banking deposit market. Working Paper. Poole, UK: Bournemouth University School of Finance and Law.
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This paper presents a test for perfect competition in the deposit market of the UK retailbanking sector. The model employed draws from the NEIO technique forwarded by Hannan and Liang (1993). The test is applied to a sample of 8 UK retail banks between 1992-97. The presence of perfect competition is rejected for all banks. The empirical evidence does not support the qualitative evidence of increasing competitiveness amongst UK retail banks.
|Item Type:||Monograph (Working Paper)|
|Uncontrolled Keywords:||retail banking, competition, NEIO technique, UK, perfect competition|
|Subjects:||Technology > Business, Management and Marketing|
Social Sciences > Economics
Social Sciences > Commerce
|Deposited By:||INVALID USER|
|Deposited On:||08 Jun 2007|
|Last Modified:||07 Mar 2013 14:38|
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