Strategic and queue effects on entry in Spanish banking
UNSPECIFIED. (2001) Strategic and queue effects on entry in Spanish banking. JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY, 10 (4). pp. 529-563. ISSN 1058-6407Full text not available from this repository.
This paper analyzes the factors that influence entry and geographic diversification decisions, a topic of special strategic interest in a context of growing globalization. The empirical model we propose is tested in a framework-the Spanish savings-bank market-where recent deregulation has eliminated the legal barriers to entry. Our results show two important conclusions for the evolution of the effects of branching deregulation in Europe and the US. First, it seems that entry in new geographical markets has been impeded by the strategic interactions between entrants and incumbents. Second, savings banks exhibit a preference for closer locations at the time of expanding, which may have undermined the effects of deregulation and its potential benefits for consumers.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
|Journal or Publication Title:||JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY|
|Publisher:||M I T PRESS|
|Number of Pages:||35|
|Page Range:||pp. 529-563|
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