Strategic online-banking adoption
By: Roberto Fuentes, Rubé́n Hernández-Murillo, and Gerard Llobet
Contributors: Hernández-Murillo, Rubén; Llobet, Gerard; Federal Reserve Bank of St. Louis
Series: Working paper -- 2006-058A; Working paper (Federal Reserve Bank of St. Louis : Online) -- 2006-058A.
Publisher: Federal Reserve Bank of St. Louis
Published: 2006
Place of publication: St. Louis, Mo.]
Language: eng
Format: [electronic resource] /
Description: "In this paper we study the determinants of the decision of U.S.  banks to create a transactional website for their customers.  We show that although bank-specific characteristics (such as the volume of deposits) are important, competition plays a prominent role.  In more competitive markets banks are more likely to adopt earlier.  Even more important, banks adopt earlier in markets where their competitors have already adopted.  A contribution of this paper is to study the adoption decision over time using a panel of commercial banks.  We also contribute to the literature by adapting a measure of competition related to the choices of competitors that a bank faces in each market"--Federal Reserve Bank of St. Louis web site.
Notes: Title from PDF file as viewed on 11/13/2006.

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