Domestic or Foreign Banks? Who Wields more Market Power?
The study distinguishes the market power between domestic and foreign banks in Zimbabwe using the Lerner Index. The study established that the banking sector is operating under monopolistic competition conditions. The result shows banks price their products above the marginal cost of production. Do...
Main Authors: | Sanderson Abel, Hlalefang Khobai, Pierre Le Roux |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2017-04-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/3536 |
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