| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15015 |
| DP15015 Close Competitors? Bilateral Bank Competition and Spatial Variation in Firms’ Access to Credit | |
| Ralph De Haas; Liping Lu; Steven Ongena | |
| 发表日期 | 2020-07-08 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We interview 379 bank CEOs in 20 emerging markets to identify their banks’ main competitors. We then provide evidence on the drivers of bilateral bank competition; construct a novel competition measure at the locality level; and assess how well it explains geographic variation in firms’ credit constraints. We find that banks are more likely to identify another bank as a main competitor in small-business lending when both banks are foreign owned or relationship oriented; when there exists a large spatial overlap in their branch networks; and when the potential competitor has fewer hierarchical layers. Intense bilateral bank competition increases local credit constraints, especially for small firms, as competition may impede the formation of lending relationships. |
| 主题 | Financial Economics |
| 关键词 | Bilateral bank competition Geography of banking Credit constraints Small-business lending |
| URL | https://cepr.org/publications/dp15015-1 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543963 |
| 推荐引用方式 GB/T 7714 | Ralph De Haas,Liping Lu,Steven Ongena. DP15015 Close Competitors? Bilateral Bank Competition and Spatial Variation in Firms’ Access to Credit. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
