Returns to Market Power in Financial Institutions
Bibliographic Data
| ID | 12549268 |
|---|---|
| Authors | Jonathan E LEIGHTNER (0000-0001-5315-2903, Augusta University, corresponding author) |
| Year | 2006 |
| Volume | 11 |
| Issue | 3 |
| Pages | 268-291 |
| Publication date | 2006-07-24 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of the Asia Pacific Economy (JOURNAL) |
| Journal identifiers | ISSN: 1354-7860 • E-ISSN: 1469-9648 |
| Publisher | Routledge (PUBLISHER • GB) |
| DOI | 10.1080/13547860600789341 |
| OpenAlex | W2034728298 |
| Language | EN |
| Citations received | 1 |
| References cited | 15 |
The strong positive relationship between firm profits and size for Thai financial institutions cannot be explained by returns to scale or scope. Evidence for this statement is found by applying both production frontier and function techniques and different model specifications on data covering 1991 to 1995 for Thai banks and finance & securities companies. Increasing returns to market power is the only way to explain the Thai data. A firm enjoys returns to market power if the bigger the firm, the higher the price it can charge and/or the lower the price it has to pay for inputs
Economics · Frontier · Macroeconomics · Market power · Microeconomics · Monopoly · Production (economics · Productivity · Returns to scale · Banking stability, regulation, efficiency · Corporate Finance and Governance · Efficiency Analysis Using DEA
Efficiency of financial institutions
The Coefficient of Resource Utilization
Measuring the efficiency of decision making units
The Measurement of Productive Efficiency
Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis
Risk, Return, and Equilibrium
Theory of Cost and Production Functions
| Unique citing works | 1 |
|---|---|
| Citations per year | 0.04 |
| Citation span | 2002 - 2002 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |