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• W1992811923 abstract "Purpose – The main objective of this paper is to propose a model that allows the detection of the competitive pattern of the Spanish loans market between 1992 and 1996.Design/methodology/approach – In order to achieve this objective, the paper estimates, following the New Empirical Industrial Organization paradigm, a conjectural variation model for the strategic marketing dimension of price. The model proposed allows the measurement of strategic group‐level rivalry while simultaneously considering demand, costs, and profit specifications for each bank.Findings – The findings evidence a high degree of competition between the firms within the same strategic group. Further, the demand for loans of a firm has a positive (negative) relationship with the rivals' price (own price), with the own branch network (rivals' branch network), and with the economic activity in the regions where firm operates.Research limitations/implications – The major limitation of this research could become from the necessity to opera..." @default.
• W1992811923 created "2016-06-24" @default.
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• W1992811923 date "2010-09-14" @default.
• W1992811923 modified "2023-09-30" @default.
• W1992811923 title "Development of a model of price competition in the Spanish loans market" @default.
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• W1992811923 doi "https://doi.org/10.1108/02652321011077715" @default.
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