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- W3121513225 abstract "This paper is concerned with the interactions between the structure of the banking sector and the product market. We consider a framework where firms' installation costs are financed by means of industrial loans from specialized banks. Initially, we assume that an exogenous number of banks compete in providing loans before the firms compete in prices in a market with product differentiation. We show that even a small decrease in the number of banks can cause a dramatic fall in competition among firms." @default.
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- W3121513225 date "1997-01-01" @default.
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- W3121513225 title "Industrial Loans and Market Structure" @default.
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