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Firm Interdependency in a Mixed Oligopolistic Market
Applied Economics Quarterly, Vol. 54 (2008), Iss. 2 : pp. 143–157
1 Citations (CrossRef)
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1Department of Economics, Chinese Culture University, 55, Hwa-Kang Road, Yang-Ming-Shan, Taipei, Taiwan 11114.
Cited By
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Assessing Market Competition in the Chinese Banking Industry Based on a Conjectural Variation Model
Zhou, Xiangyi
Pei, Zheng
Qin, Botao
China & World Economy, Vol. 29 (2021), Iss. 2 P.73
https://doi.org/10.1111/cwe.12371 [Citations: 5]
Abstract
This paper uses data from Taiwan's banking sector to investigate whether state-owned banks can serve as an internal regulation mechanism to sustain market competition. In contrast to the traditional second-best literature, the evidence shows that a certain degree of market coordination exists in the industry, even though the government owns most of the dominant banks in Taiwan.