Competitive viability in banking¶
Berger, A. N., Hanweck, G. A., & Humphrey, D. B. (1987). Competitive viability in banking: Scale, scope, and product mix economies. Journal of Monetary Economics, 3932(87), 501-520.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Economies Of Scope
- Multi-product cost functions in regulated industries (utilities, telecoms) are studied precisely to estimate whether scope economies justify a single integrated firm rather than separate specialists, an empirical literature that grew directly out of the contestable-markets framework.
This sourceEmpirically estimates scale, scope, and product-mix economies from a multi-product cost function for U.S. banks (finding only slight scale/scope effects), exemplifying the post-contestable-markets empirical literature on whether scope economies justify integrated multi-product firms
- Multi-product cost functions in regulated industries (utilities, telecoms) are studied precisely to estimate whether scope economies justify a single integrated firm rather than separate specialists, an empirical literature that grew directly out of the contestable-markets framework.
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