Foundations of a Theory of Social Forms
34 Pages Posted: 26 Aug 2006
Date Written: July 2000 7,
In the early transition era in Russia entry barriers for commercial banks were about absent. It resulted in the mushrooming of hundreds of small, poorly-endowed and inexperienced banks. In this paper we address the question whether the claimed benefits of low entry barriers - competition and market dynamics - have resulted. We use a sample of commercial saving banks for the 1994-97 period. We conclude that there were important mobility barriers and that the removal of entry barriers did not lead to intensified competition.
Keywords: foundation of organization theory, forms, populations, identity
JEL Classification: M, M10, L2, L29
Suggested Citation: Suggested Citation