IDEAS home Printed from https://ideas.repec.org/p/cpr/ceprdp/314.html
   My bibliography  Save this paper

Competition in Spanish Banking

Author

Listed:
  • Caminal, Ramon
  • Gual, Jordi
  • Vives, Xavier

Abstract

We assess the state of competition in the Spanish banking system at the dawn of the integration of the European financial market. Banking in Spain has undergone a strong liberalization process in the last fifteen years, which has accelerated recently, evolving from a situation of tight regulation and protection from competition. The outcome of this process is a changing sector in which the recent merger attempts are the most visible phenomena. In the paper we analyze the recent history of the industry as well as the current situation by using the tools of both finance and industrial organization. Our objectives are to provide basic evidence, pose some fundamental issues and problems, survey, and extend wherever possible the existing work, and try to draw a coherent picture of Spanish banking.

Suggested Citation

  • Caminal, Ramon & Gual, Jordi & Vives, Xavier, 1989. "Competition in Spanish Banking," CEPR Discussion Papers 314, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:314
    as

    Download full text from publisher

    File URL: http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=314
    Download Restriction: CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Honohan, Patrick*Vittas, Dimitri, 1996. "Bank regulation and the network paradigm : policy implications for developing and transition economies," Policy Research Working Paper Series 1631, The World Bank.
    2. Alfredo Martin-Oliver & Vicente Salas-Fumas & Jesús Saurina, 2008. "Search Cost and Price Dispersion in Vertically Related Markets: The Case of Bank Loans and Deposits," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 33(4), pages 297-323, December.
    3. Batiz-Lazo, Bernardo & Maixe-Altes, J. Carles, 2006. "Organisational change and the computerisation of British and Spanish savings banks, 1965-1985," MPRA Paper 804, University Library of Munich, Germany.
    4. Batiz-Lazo, Bernardo & Maixe-Altes, J. Carles, 2008. "Organisational change and the computerisation of British and Spanish savings banks, circa 1965-1985," MPRA Paper 14479, University Library of Munich, Germany.
    5. Centeno, Mario & Mello, Antonio S., 1999. "How integrated are the money market and the bank loans market within the European Union?," Journal of International Money and Finance, Elsevier, vol. 18(1), pages 75-106, January.
    6. Salas, Vicente & Saurina, Jesus, 2003. "Deregulation, market power and risk behaviour in Spanish banks," European Economic Review, Elsevier, vol. 47(6), pages 1061-1075, December.
    7. Ana Lozano-Vivas & Miguel A. Meléndez-Jímenez & Antonio J. Morales, 2010. "Whom to Merge with? A Tale of the Spanish Banking Deregulation Process," Working Papers 2010-03, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
    8. Gary C. Zimmerman, 1995. "Implementing the single banking market in Europe," Economic Review, Federal Reserve Bank of San Francisco, pages 35-51.
    9. Manuel Espitia Escuer & Yolanda Polo Redondo & Vicente Salas Fumas, 1991. "Estructura de los mercados geográficos, comportamiento y resultados de la Cajas de Ahorros en España," Investigaciones Economicas, Fundación SEPI, vol. 15(3), pages 671-700, September.
    10. Ana Lozano-Vivas & Miguel Meléndez-Jiménez & Antonio Morales, 2011. "With whom to merge? A tale of the Spanish banking deregulation process," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 2(2), pages 159-184, June.
    11. Grifell-Tatje, E. & Lovell, C. A. Knox, 2004. "Decomposing the dividend," Journal of Comparative Economics, Elsevier, vol. 32(3), pages 500-518, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:314. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://www.cepr.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.