Privatización, competencia por depósitos y desempeño bancarios
[Privatization, competition for deposits and performance in banking]
AbstractIn this article we develop a microeconomic framework to study the relationships among privatization, competition for deposits and performance in banking. Particularly, we analyze banking privatization when competitive strategies of the Cournot and Stackelberg types are allowed. Our findings show that some conditions are necessary to justify it under the following criteria: (i) efficiency, (ii) market power/financial stability and (iii) consumption availability for depositors. They also show that privatizations are relatively easy to justify when leader-follower relationships are allowed in the banking system. Even government revenues, due to privatization, are higher when these relationships exist.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 23179.
Date of creation: 08 Apr 2010
Date of revision:
banking; privatization; competition; performance; deposits;
Other versions of this item:
- Antonio Ruiz-Porras, 2010. "Privatización, competencia por depósito y desempeño bancarios," Estudios de Economia, University of Chile, Department of Economics, vol. 37(1 Year 20), pages 67-104, June.
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-06-18 (All new papers)
- NEP-BAN-2010-06-18 (Banking)
- NEP-COM-2010-06-18 (Industrial Competition)
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