메뉴 건너뛰기




Volumn 57, Issue 1, 2005, Pages 67-91

Market structure, efficiency and rising consolidation of the banking industry in the Euro Area

Author keywords

Banks; Disintermediation; Efficiency; Profit structure relationship

Indexed keywords

BANKING; CURRENCY MARKET; EUROPEAN MONETARY UNION; MONETARY POLICY;

EID: 12844271164     PISSN: 03073378     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1467-8586.2005.00215.x     Document Type: Article
Times cited : (12)

References (37)
  • 2
    • 84886361748 scopus 로고
    • 'Contestable markets: An uprising in the theory of industrial structure'
    • Baumol, W. (1982). 'Contestable markets: an uprising in the theory of industrial structure', American Economic Review, 72, pp. 1-15.
    • (1982) American Economic Review , vol.72 , pp. 1-15
    • Baumol, W.1
  • 3
    • 0038359644 scopus 로고    scopus 로고
    • 'Euro area banking at the crossroads'
    • IMF Working Paper No. 28
    • Belaisch, A., Kodres, K., Levy, J. and Ubide, A. (2001). 'Euro area banking at the crossroads', IMF Working Paper No. 28.
    • (2001)
    • Belaisch, A.1    Kodres, K.2    Levy, J.3    Ubide, A.4
  • 5
    • 0043246810 scopus 로고
    • 'The profit structure relationship in banking: Tests of market power and efficient structure hypotheses'
    • Berger, A. (1995). 'The profit structure relationship in banking: tests of market power and efficient structure hypotheses', Journal of Money, Credit and Banking, 27(2), pp. 404-31.
    • (1995) Journal of Money, Credit and Banking , vol.27 , Issue.2 , pp. 404-431
    • Berger, A.1
  • 6
    • 0000869035 scopus 로고
    • 'The price-concentration relationship in banking'
    • Berger, A. and Hannan, T. (1989). 'The price-concentration relationship in banking', Review of Economics and Statistics, 71, pp. 291-9.
    • (1989) Review of Economics and Statistics , vol.71 , pp. 291-299
    • Berger, A.1    Hannan, T.2
  • 7
    • 0001381142 scopus 로고
    • 'Megamergers in banking and the use of cost efficiency as an antitrust defence'
    • Berger, A. and Humphrey, D. (1992). 'Megamergers in banking and the use of cost efficiency as an antitrust defence', Antitrust Bulletin, 37, pp. 541-600.
    • (1992) Antitrust Bulletin , vol.37 , pp. 541-600
    • Berger, A.1    Humphrey, D.2
  • 8
    • 0033074730 scopus 로고    scopus 로고
    • 'The consolidation of the financial services: Causes, consequences, and implications for the future'
    • Berger, A., Demsetz, R. and Strahan, P. (1999). 'The consolidation of the financial services: causes, consequences, and implications for the future', Journal of Banking and Finance, 23, pp. 135-94.
    • (1999) Journal of Banking and Finance , vol.23 , pp. 135-194
    • Berger, A.1    Demsetz, R.2    Strahan, P.3
  • 9
    • 85040408683 scopus 로고    scopus 로고
    • 'Efficiency barriers to the consolidation of the European financial services'
    • Berger, A., Young, R. and Udell, G. (2001). 'Efficiency barriers to the consolidation of the European financial services', European Financial Management, 6, pp. 117-30.
    • (2001) European Financial Management , vol.6 , pp. 117-130
    • Berger, A.1    Young, R.2    Udell, G.3
  • 10
    • 0003347852 scopus 로고    scopus 로고
    • 'Competition and concentration in the EU banking industry'
    • De Nederlandsche Bank, Amsterdam
    • Bikker, J. and Groeneveld, J. (1998). 'Competition and concentration in the EU banking industry', Research Series Supervision, No. 8, De Nederlandsche Bank, Amsterdam.
    • (1998) Research Series Supervision , Issue.8
    • Bikker, J.1    Groeneveld, J.2
  • 11
    • 63349108366 scopus 로고    scopus 로고
    • 'Competition, concentration and their relationship: An empirical analysis of the banking industry'
    • Mimeo. Groningen, October
    • Bikker, J. and Haaf, K. (2000). 'Competition, concentration and their relationship: an empirical analysis of the banking industry', Mimeo. Paper presented at the conference Financial structure, bank behaviour and monetary policy in the EMU, Groningen, October.
    • (2000) The Conference Financial Structure, Bank Behaviour and Monetary Policy in the EMU
    • Bikker, J.1    Haaf, K.2
  • 13
    • 12844274467 scopus 로고    scopus 로고
    • 'Bank concentration and retail interest rates'
    • European Central Bank, Working Paper No. 72
    • Corvoiser, S. and Gropp, R. (2001). 'Bank concentration and retail interest rates', European Central Bank, Working Paper no. 72.
    • (2001)
    • Corvoiser, S.1    Gropp, R.2
  • 14
    • 0001488464 scopus 로고    scopus 로고
    • 'Competition, contestability and market structure in European banking sectors on the eve of EMU'
    • De Bandt, O. and Davis, P. (2000). 'Competition, contestability and market structure in European banking sectors on the eve of EMU', Journal of Banking and Finance, 24, pp. 1045-66.
    • (2000) Journal of Banking and Finance , vol.24 , pp. 1045-1066
    • De Bandt, O.1    Davis, P.2
  • 15
    • 3042580960 scopus 로고    scopus 로고
    • 'The Italian banking structure in the 1990s: The multi market contact hypothesis'
    • De Bonis, R. and Ferrando, A. (2000). 'The Italian banking structure in the 1990s: the multi market contact hypothesis', Economic Notes, 29, pp. 215-41.
    • (2000) Economic Notes , vol.29 , pp. 215-241
    • De Bonis, R.1    Ferrando, A.2
  • 16
    • 0002004281 scopus 로고
    • 'Industry structure, market rivalry and public policy'
    • Demsetz, H. (1973). 'Industry structure, market rivalry and public policy', Journal of Law and Economics, 16, pp. 1-9.
    • (1973) Journal of Law and Economics , vol.16 , pp. 1-9
    • Demsetz, H.1
  • 20
    • 51249171968 scopus 로고
    • 'Reevaluation of the structure-conduct-performance relationship in banking'
    • Evanoff, D. and Fortier, D. (1988). 'Reevaluation of the structure-conduct-performance relationship in banking', Journal of Financial Services Research, 1, pp. 277-94.
    • (1988) Journal of Financial Services Research , vol.1 , pp. 277-294
    • Evanoff, D.1    Fortier, D.2
  • 21
    • 0001141367 scopus 로고
    • 'Bank market structure and competition - A survey'
    • Gilbert, R. (1984). 'Bank market structure and competition - a survey', Journal of Money, Credit and Banking, 16, pp. 617-45.
    • (1984) Journal of Money, Credit and Banking , vol.16 , pp. 617-645
    • Gilbert, R.1
  • 23
    • 0000306698 scopus 로고
    • 'Bank commercial loan markets and the role of market structure: Evidence from surveys of commercial lending'
    • Hannan, T. (1991). 'Bank commercial loan markets and the role of market structure: evidence from surveys of commercial lending', Journal of Banking and Finance, 15, pp. 133-49.
    • (1991) Journal of Banking and Finance , vol.15 , pp. 133-149
    • Hannan, T.1
  • 24
    • 0002494264 scopus 로고    scopus 로고
    • 'Market share inequality, the number of competitors, and the HHI: An examination of bank pricing'
    • Hannan, T. (1997). 'Market share inequality, the number of competitors, and the HHI: an examination of bank pricing', Review of Industrial Organisation, 12, pp. 23-35.
    • (1997) Review of Industrial Organisation , vol.12 , pp. 23-35
    • Hannan, T.1
  • 25
    • 12844252214 scopus 로고    scopus 로고
    • 'Is there excess capacity in the Greek banking system?'
    • Kapopoulos, P. (2001). 'Is there excess capacity in the Greek banking system?', Economia Internazionale, LIV(3), pp. 361-83.
    • (2001) Economia Internazionale , vol.14 , Issue.3 , pp. 361-383
    • Kapopoulos, P.1
  • 26
    • 12844279114 scopus 로고
    • 'A note on the market share-profitability relationship'
    • Working Paper, Board of Governors of the Federal Reserve System
    • Kurtz, R. and Rhoades, S. (1991). 'A note on the market share-profitability relationship', Working Paper, Board of Governors of the Federal Reserve System.
    • (1991)
    • Kurtz, R.1    Rhoades, S.2
  • 31
    • 0004109709 scopus 로고    scopus 로고
    • 'The impact of the Euro on money and bond markets'
    • Occasional Paper no. 1, European Central Bank
    • Santillan, J., Bayle, M. and Thygesen, C. (2000). 'The impact of the Euro on money and bond markets', Occasional Paper no. 1, European Central Bank.
    • (2000)
    • Santillan, J.1    Bayle, M.2    Thygesen, C.3
  • 32
    • 0001392485 scopus 로고
    • 'Tobin's q and the structure-performance relationship: Comment'
    • Shepherd, W. (1986). 'Tobin's q and the structure-performance relationship: comment', American Economic Review, 76, pp. 1205-10.
    • (1986) American Economic Review , vol.76 , pp. 1205-1210
    • Shepherd, W.1
  • 33
    • 0000125674 scopus 로고
    • 'The relation between commercial bank profit rates and banking concentration in Canada, Western Europe and Japan'
    • Short, B. (1979). 'The relation between commercial bank profit rates and banking concentration in Canada, Western Europe and Japan', Journal of Banking and Finance, 3, pp. 209-19.
    • (1979) Journal of Banking and Finance , vol.3 , pp. 209-219
    • Short, B.1
  • 34
    • 0002975110 scopus 로고
    • 'Evidence on the (non) relationship between concentration and profitability in banking'
    • Smirlock, M. (1985). 'Evidence on the (non) relationship between concentration and profitability in banking', Journal of Money, Credit and Banking, 17, pp. 69-83.
    • (1985) Journal of Money, Credit and Banking , vol.17 , pp. 69-83
    • Smirlock, M.1
  • 35
    • 0038127773 scopus 로고    scopus 로고
    • 'Explaining the rising concentration of banking assets in the 1990s'
    • Federal Reserve Bank of New York
    • Stiroh, K. and Poole, J. (2000). 'Explaining the rising concentration of banking assets in the 1990s', Current Issues in Economics and Finance 6(9), Federal Reserve Bank of New York.
    • (2000) Current Issues in Economics and Finance , vol.6 , Issue.9
    • Stiroh, K.1    Poole, J.2
  • 36
    • 0029507939 scopus 로고
    • 'Oligopoly in loan and deposit market: An econometric application to the Netherlands'
    • Swank, J. (1995). 'Oligopoly in loan and deposit market: an econometric application to the Netherlands', De Economist, 143, pp. 353-66.
    • (1995) de Economist , vol.143 , pp. 353-366
    • Swank, J.1
  • 37
    • 0000095552 scopus 로고
    • 'A heteroskedasticity consistent covariance matrix estimator and a direct test for heteroskedasticity'
    • White, H. (1980). 'A heteroskedasticity consistent covariance matrix estimator and a direct test for heteroskedasticity', Econometrica, 48, pp. 817-38.
    • (1980) Econometrica , vol.48 , pp. 817-838
    • White, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.