Journal article
Concentration and innovation: striking a balance in deregulation
Financial update, Vol.72(1), p.11
01/01/1987
Abstract
A study examined the effects of technological innovation in banks on economies of scale. Ninety-one bank holding companies were examined from 1972 to 1982. Results indicated that banks of all sizes experienced technological change resulting in significant productivity gains. Medium-sized banks innovated faster than larger-sized banks, with the optimal size for innovation being $24 billion in total assets, or an $8.1 billion output level. Potential cost-reducing benefits of economies of scale should be considered when examining possible results of deregulation and concentration of market power.
Details
- Title: Subtitle
- Concentration and innovation: striking a balance in deregulation
- Creators
- William HunterStephen Timme
- Resource Type
- Journal article
- Publication Details
- Financial update, Vol.72(1), p.11
- ISSN
- 0899-6563
- eISSN
- 1545-911X
- Publisher
- Federal Reserve Bank of Atlanta
- Language
- English
- Date published
- 01/01/1987
- Academic Unit
- Finance
- Record Identifier
- 9984963127802771
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