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Firm Interdependency in a Mixed Oligopolitstic Market

Author

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  • Tay-Cheng Ma

Abstract

This paper uses data from Taiwan'S banking sector to investigate whether state-owned banks can serve as an internal regulation mechanism to sustain market competition. In contrast to the traditional second-best literature, the evidence shows that a certain degree of market coordination exists in the industry, even though the government owns most of the dominant banks in Taiwan.

Suggested Citation

  • Tay-Cheng Ma, 2008. "Firm Interdependency in a Mixed Oligopolitstic Market," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin, vol. 54(2), pages 143-157.
  • Handle: RePEc:aeq:aeqaeq:v54_y2008_i2_q2_p143-157
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    Cited by:

    1. Xiangyi Zhou & Zheng Pei & Botao Qin, 2021. "Assessing Market Competition in the Chinese Banking Industry Based on a Conjectural Variation Model," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 29(2), pages 73-98, March.

    More about this item

    Keywords

    state-owned banks; market coordination; conjectural variation;
    All these keywords.

    JEL classification:

    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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