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Portuguese commercial banking: an assessment of competition in the 1960-2013 period

datacite.subject.fosCiências Sociais::Economia e Gestãopt_PT
dc.contributor.advisorAmaral, Luciano
dc.contributor.authorMachado, Filipa Santos
dc.date.accessioned2015-10-08T15:29:46Z
dc.date.available2017-06-30T00:30:08Z
dc.date.issued2015-06
dc.description.abstractStrong consolidation is one of the most evident developments of banking markets around the world in recent decades. This change is raising questions on how and to what an extent competition is affected by the expansion of the largest banks. The aim of the present study is to measure the degree of competition in the Portuguese commercial banking market in the long-run, during the period ranging from1960 to 2013, by using the non-structural model developed by Panzar and Rosse. The main findings are that the Portuguese banking system, despite the legal restrictions in place, operated mostly in a market with some degree of competition and, at some points in time, presented some interesting competitive features. More recently, it has evolved into functioning as a cartel.pt_PT
dc.identifier.tid201473518
dc.identifier.urihttp://hdl.handle.net/10362/15597
dc.language.isoengpt_PT
dc.subjectCommercial bankingpt_PT
dc.subjectPortugalpt_PT
dc.subjectCompetitionpt_PT
dc.subjectPanzar-Rosept_PT
dc.titlePortuguese commercial banking: an assessment of competition in the 1960-2013 periodpt_PT
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsembargoedAccesspt_PT
rcaap.typemasterThesispt_PT
thesis.degree.nameA Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business and Economicspt_PT

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