Qin, Botao; Shaffer, Sherrill - In: Applied Economics Letters 21 (2014) 9, pp. 602-604
We apply the Bresnahan--Lau model (1982) to test the degree of competition of China's banking industry over the period 1986 to 2011. Results strongly reject monopoly power and indicate perfectly competitive behaviour. China's entry into the WTO did not cause any measurable shift in banking...