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Concentration and Economies of Scale in the Belgian Financial Sector

In: Competition and Regulation in Financial Markets

Author

Listed:
  • Jozef Pacolet
  • Albert Verheirstraeten
  • Michel Smet
  • Georges Martin

Abstract

There exists a close relationship between the financial market structure on the one hand and the behaviour of intermediaries and the market performance on the other. Therefore one important aspect of financial market structure is analysed hereafter for Belgium: its degree of concentration. In addition, for the banking sector we will try to explain the observed degree of concentration by studying a main determinant of it: the possible existence of economies of scale.

Suggested Citation

  • Jozef Pacolet & Albert Verheirstraeten & Michel Smet & Georges Martin, 1981. "Concentration and Economies of Scale in the Belgian Financial Sector," Palgrave Macmillan Books, in: Albert Verheirstraeten (ed.), Competition and Regulation in Financial Markets, chapter 4, pages 55-96, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-05585-2_4
    DOI: 10.1007/978-1-349-05585-2_4
    as

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