Barbosa, Klenio de Souza; Rocha, Bruno; Salazar, Fernando - Escola de Economia de São Paulo (EESP), Fundação … - 2013
This paper investigates the competitive aspects of multi-product banking operations. Extending Panzar and Rosse (1987)’s model to the case of a multi-product banking firm, we show that the higher the economies of scope in multi-product banking are, the lower Panzar-Rosse’s measure of...