A test of perfect competition in the UK retail-banking deposit market.

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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Abstract

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
Group:Business School
ID Code:3071
Deposited By:INVALID USER
Deposited On:08 Jun 2007
Last Modified:07 Mar 2013 14:38

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