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An Approach to the Delineation of Rural Banking Markets
Author(s) -
Mathis Stephen A.,
Harris Duane G.,
Boehlje Michael
Publication year - 1978
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1240244
Subject(s) - schedule , product (mathematics) , business , industrial organization , test (biology) , service (business) , banking industry , economics , marketing , finance , management , paleontology , geometry , mathematics , biology
A cross‐demand schedule approach is modified to develop a procedure for delineating product and service markets. Firms are classified as either rivals or nonrivals based on a statistical examination of response times to price adjustments. A test of the approach is made for the delineation of banking markets. Preliminary results indicate that the procedure may have potential for assisting policy makers in decisions regarding the competitive environment of the banking industry.