EconStor >
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim >
ZEW Discussion Papers >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/27625
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorGropp, Reint Eberharden_US
dc.contributor.authorCorvoisier, Sandrineen_US
dc.coverage.temporal1995-2003en_US
dc.date.accessioned2009-08-12T07:26:37Z-
dc.date.available2009-08-12T07:26:37Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/27625-
dc.description.abstractWe estimate the effect of internet penetration on retail bank margins in the euro area. Based on an adapted Baumol [1982] type contestability model, we argue that the internet has reduced sunk costs and therefore increased contestability in retail banking. We test this conjecture by estimating the model using semi-aggregated data for a panel of euro area countries. We utilise time series and cross-sectional variation in internet penetration. We find support for an increase in contestability in deposit markets, and no effect for loan markets. The paper suggests that for time and savings deposits, the presence of brick and mortar bank branches may no longer be of first order importance for the assessment of the competitive structure of the market.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 09-007en_US
dc.subject.jelG21en_US
dc.subject.jelE43en_US
dc.subject.jelD43en_US
dc.subject.ddc330en_US
dc.subject.keywordBanking structureen_US
dc.subject.keywordContestabilityen_US
dc.subject.keywordInterneten_US
dc.subject.stwElectronic Bankingen_US
dc.subject.stwRetail Bankingen_US
dc.subject.stwBankgebühren_US
dc.subject.stwPotenzieller Wettbewerben_US
dc.subject.stwInterneten_US
dc.subject.stwE-Businessen_US
dc.subject.stwSunk Costsen_US
dc.subject.stwEuropäische Wirtschafts- und Währungsunionen_US
dc.subject.stwEU-Staatenen_US
dc.titleContestability, Technology and Bankingen_US
dc.typeWorking Paperen_US
dc.identifier.ppn592502066en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:7532-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

Files in This Item:
File Description SizeFormat
dp09007.pdf367.06 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.