A Test of Competition in Brazilian Banking

This paper implements an empirical test of market power for Brazilian banking based on Bresnahan (1982) and Lau (1982). A dynamic version of the test is applied. The results show that the banking industry in Brazil is highly competitive, although the perfect competition hypothesis is rejected. The hypothesis that Brazilian banks behave like a cartel arrangement is also rejected.

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Year of publication:	2001-03
Authors:	Nakane, Márcio I.
Institutions:	Central Bank of Brazil, Research Department

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Extent:	application/pdf
Series:	Working Papers Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in Estudos Econômicos, Vol. 32, no. 2, (Apr-Jun 2002): 203-224. Number 12
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005419144