With whom to merge? A tale of the Spanish banking deregulation process

We propose a spatial competition model to study banks' strategic responses to the asymmetric Spanish geographic deregulation process. We find that once the geographic deregulation process finishes, inter-regional mergers between savings banks are optimal whenever the economies of scale associated to merging activities are low. If there are large gains, then there will be mergers between savings and commercial banks.

MoreLess

Year of publication:	2011
Authors:	Lozano-Vivas, Ana ; Meléndez-Jiménez, Miguel A. ; Morales, Antonio J.
Published in:	SERIEs - Journal of the Spanish Economic Association. - Heidelberg : Springer, ISSN 1869-4195. - Vol. 2.2011, 2, p. 159-184
Publisher:	Heidelberg : Springer
Subject:	Bankenregulierung \| Deregulierung \| Bank \| Fusion \| Nichtkooperatives Spiel \| Spanien \| branch deregulation \| mergers \| optimal behavior \| Spanish banking system

More details

Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1007/s13209-010-0035-2 [DOI] 671694316 [GVK] hdl:10419/77719 [Handle]
Classification:	C72 - Noncooperative Games ; G21 - Banks; Other Depository Institutions; Mortgages ; G28 - Government Policy and Regulation ; L13 - Oligopoly and Other Imperfect Markets ; L41 - Monopolization; Horizontal Anticompetitive Practices ; L51 - Economics of Regulation
Source:	EconStor

Persistent link: https://www.econbiz.de/10010317061