External Liberalization Of Banking And Industrial Concentration: The Evidence From Spain
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Keywords
external liberalization of banking, industrial bank concentration, Spain
Abstract
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.
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