Regulatory competition and cross‐fertilization in bank performance in the US banking markets

• Published in: Financial markets, institutions & instruments Vol. 33; no. 4; pp. 411 - 445
• Main Authors: Tirtiroglu, Dogan, Tanyeri‐Günsür, Basak, Tirtiroglu, Ercan
• Format: Journal Article
• Language: English
• Published: Cambridge Blackwell Publishing Ltd 01.11.2024
• Subjects: bank deregulations; Banking; Banking industry; Banks; commercial banks; contestability; Holding companies; Kalman filter; Legislatures; Markets; Productivity; productivity growth; Proximity; Reciprocity; spatial interaction; Tiebout model; United States > US; Maine

This paper examines empirically cross‐fertilization in the productivity growth of banks between a state and its neighbouring and non‐neighbouring states (i) before (i.e. 1971–1977) the interstate multibank holding company (IMBHC) deregulations and (ii) during (i.e. 1982–1995) the IMBHC deregulations...