Did state bank branching deregulation produce large growth effects?

作者: Donald G Freeman

DOI: 10.1016/S0165-1765(02)00003-4

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摘要: Abstract Previous research claiming large growth effects of deregulation state bank branching laws is biased by contemporaneous correlation between the regressors and error term regression model. Robustness tests indicate that effect reform much smaller than initially estimated.

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