Open AccessExternal Liberalization Of Banking And Industrial Concentration: The Evidence From Spain
Author(s) -
Theologos Homer Bonitsis,
Luis Eduardo RiveraSolis
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.149
H-Index - 22
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v11i3.5855
Subject(s) - liberalization , economics , international economics , series (stratigraphy) , monetary economics , econometrics , market economy , paleontology , biology
This paper investigates the effect of international liberalization on industrial bank concentration in Spain. By employing time series modeling techniques, it is shown that, albeit a weak short run effect may exist, there has been no long run effect on industrial bank concentration from external liberalization. The data base for the study consists of monthly time series for the period 1974-1982.