Guerrero Mora, Rodolfo; Villalpando Benítez, Mario - In: El Trimestre Económico LXXVI (1) (2009) 301, pp. 237-263
In recent years, a growing interest among authorities has emerged to verify which paradigm better explains the profit-structure relationship in the Mexican banking industry: market power or efficiency. To test these two paradigms, this work constructs specific indicators of cost efficiency based...