Structure and performance in the Portuguese banking industry in the nineties

Detalhes bibliográficos
Autor(a) principal: Mendes, Victor
Data de Publicação: 2003
Outros Autores: Rebelo, João
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/15467
Resumo: In 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.
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spelling Structure and performance in the Portuguese banking industry in the ninetiesBankingEfficiencyStructure-performancePortugalIn 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.Financial support from JNICT – Junta Nacional de Investigação Científica e Tecnológica (grant PCSH/ECO/938/95) is acknowledged.Springer VerlagRepositório da Universidade de LisboaMendes, VictorRebelo, João2018-05-23T12:35:58Z2003-042003-04-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/15467engMendes, Victor e João Rebelo (2003). "Structure and performance in the Portuguese banking industry in the nineties". Portuguese Economic Journal, 2(1):53-681617-982X (print)10.1007/s10258-002-0016-5metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:45:26Zoai:www.repository.utl.pt:10400.5/15467Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:01:07.088901Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Structure and performance in the Portuguese banking industry in the nineties
title Structure and performance in the Portuguese banking industry in the nineties
spellingShingle Structure and performance in the Portuguese banking industry in the nineties
Mendes, Victor
Banking
Efficiency
Structure-performance
Portugal
title_short Structure and performance in the Portuguese banking industry in the nineties
title_full Structure and performance in the Portuguese banking industry in the nineties
title_fullStr Structure and performance in the Portuguese banking industry in the nineties
title_full_unstemmed Structure and performance in the Portuguese banking industry in the nineties
title_sort Structure and performance in the Portuguese banking industry in the nineties
author Mendes, Victor
author_facet Mendes, Victor
Rebelo, João
author_role author
author2 Rebelo, João
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Mendes, Victor
Rebelo, João
dc.subject.por.fl_str_mv Banking
Efficiency
Structure-performance
Portugal
topic Banking
Efficiency
Structure-performance
Portugal
description In 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.
publishDate 2003
dc.date.none.fl_str_mv 2003-04
2003-04-01T00:00:00Z
2018-05-23T12:35:58Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/15467
url http://hdl.handle.net/10400.5/15467
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Mendes, Victor e João Rebelo (2003). "Structure and performance in the Portuguese banking industry in the nineties". Portuguese Economic Journal, 2(1):53-68
1617-982X (print)
10.1007/s10258-002-0016-5
dc.rights.driver.fl_str_mv metadata only access
info:eu-repo/semantics/openAccess
rights_invalid_str_mv metadata only access
eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv Springer Verlag
publisher.none.fl_str_mv Springer Verlag
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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