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Market Structure and Price Behavior of China's Bank Card Industry: Under the Background of Opening Bank Card Liquidating Market

Received: 3 December 2015    Accepted:     Published: 3 December 2015
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Abstract

The opening of China’s bank card liquidating market will break the long-term monopoly of UnionPay, besides, bank card industry of China led by government before is gradually moving towards marketization, internationalization and specialization. In the long run, market structure, situation of competition and pricing mode of China’s bank card industry will be profoundly impacted. Based on the basic theory of two-sided platform, this paper analyzed the operating mechanism of bank card industy, and then explored China’s bank card market structure and price behavior, and the impact from the bank card liquidating market opening up. The conclusions of this paper have some policy implicaions for the future development of China’s bank card market.

Published in Journal of World Economic Research (Volume 4, Issue 5)
DOI 10.11648/j.jwer.20150405.13
Page(s) 132-138
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Bank Card Industry, Bank Card Liquidating Market, Market Structure, Price Behavior

References
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[2] 程贵孙,陈宏民,孙武军.双边市场视角下的平台企业行为的研究[J].经济理论与经济管理,2006,(9):55-60。
[3] Rochet,J.C.,and Tirole,J.,Defining Two-sided markets,Working Paper,2004,Industrial Economic Institute:Toulouse,France.
[4] 陈斐倩.银行卡产业定价机制研究[J].中国证券期货,2012,(10):197-198。
[5] Bain,J.S.,Industrial Organization,2nd ed.,John Wiley & Sons,Inc,1968,pp.137—144.
[6] 蒋晓敏.我国银行卡产业的市场结构问题[J].上海金融,2011,(4):81-85。
[7] David S. Evans and Richard Schmalensee,The Industrial Organization of Markets with Two-Sided Platforms[J],Competitiong Policy International,2007,3(1):151-179.
[8] Rochet,J.C., and Tirole,J.,Two-Sided Markets:A Progress Report[J].RAND Journal of Economics,2006,37,pp.645-667.
[9] 潘钢.我国银行卡刷卡手续费定价历程及发展探索[J].中国信用卡,2014,(9):77-79。
[10] 费超群.如何加强银行卡收单市场管理[J].现代金融,2013,(3):52-53。
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  • APA Style

    Dingyun Kang. (2015). Market Structure and Price Behavior of China's Bank Card Industry: Under the Background of Opening Bank Card Liquidating Market. Journal of World Economic Research, 4(5), 132-138. https://doi.org/10.11648/j.jwer.20150405.13

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    ACS Style

    Dingyun Kang. Market Structure and Price Behavior of China's Bank Card Industry: Under the Background of Opening Bank Card Liquidating Market. J. World Econ. Res. 2015, 4(5), 132-138. doi: 10.11648/j.jwer.20150405.13

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    AMA Style

    Dingyun Kang. Market Structure and Price Behavior of China's Bank Card Industry: Under the Background of Opening Bank Card Liquidating Market. J World Econ Res. 2015;4(5):132-138. doi: 10.11648/j.jwer.20150405.13

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  • @article{10.11648/j.jwer.20150405.13,
      author = {Dingyun Kang},
      title = {Market Structure and Price Behavior of China's Bank Card Industry: Under the Background of Opening Bank Card Liquidating Market},
      journal = {Journal of World Economic Research},
      volume = {4},
      number = {5},
      pages = {132-138},
      doi = {10.11648/j.jwer.20150405.13},
      url = {https://doi.org/10.11648/j.jwer.20150405.13},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.20150405.13},
      abstract = {The opening of China’s bank card liquidating market will break the long-term monopoly of UnionPay, besides, bank card industry of China led by government before is gradually moving towards marketization, internationalization and specialization. In the long run, market structure, situation of competition and pricing mode of China’s bank card industry will be profoundly impacted. Based on the basic theory of two-sided platform, this paper analyzed the operating mechanism of bank card industy, and then explored China’s bank card market structure and price behavior, and the impact from the bank card liquidating market opening up. The conclusions of this paper have some policy implicaions for the future development of China’s bank card market.},
     year = {2015}
    }
    

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    T1  - Market Structure and Price Behavior of China's Bank Card Industry: Under the Background of Opening Bank Card Liquidating Market
    AU  - Dingyun Kang
    Y1  - 2015/12/03
    PY  - 2015
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    JF  - Journal of World Economic Research
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    UR  - https://doi.org/10.11648/j.jwer.20150405.13
    AB  - The opening of China’s bank card liquidating market will break the long-term monopoly of UnionPay, besides, bank card industry of China led by government before is gradually moving towards marketization, internationalization and specialization. In the long run, market structure, situation of competition and pricing mode of China’s bank card industry will be profoundly impacted. Based on the basic theory of two-sided platform, this paper analyzed the operating mechanism of bank card industy, and then explored China’s bank card market structure and price behavior, and the impact from the bank card liquidating market opening up. The conclusions of this paper have some policy implicaions for the future development of China’s bank card market.
    VL  - 4
    IS  - 5
    ER  - 

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Author Information
  • School of Economics, Shanghai University, Shanghai, China

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