This study investigates the impacts of Vietnamese banks’ efficiency on the strategic interactions with their rivals. The study argues that efficient banks will compete the market to grow, and then become more responsive to the strategies from their rivals. The study extends the Efficiency Structure theory to capture the behaviours of banks after the evolvement of market structure as the result of efficiency improvement. The study further argues that the speed of growth plays a key role in moderating the relationship between efficiency and strategic interaction. The study finds evidence that the impact of efficiency on strategic interaction is stronger at the lower level of growth.

这项研究调查了越南银行效率对与其竞争对手之间的战略互动的影响。该研究认为，有效率的银行将竞争市场以增长，然后对竞争对手的战略做出更快的反应。该研究扩展了效率结构理论，以捕捉由于效率提高而导致的市场结构演变后银行的行为。该研究进一步指出，增长速度在调节效率与战略互动之间的关系中起着关键作用。该研究发现证据表明，效率在较低的增长水平上对战略互动的影响更大。