Local Bank Office Ownership, Deposit Control, Market Structure, and Economic Growth

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英文名称：

Local Bank Office Ownership, Deposit Control, Market Structure, and Economic Growth

作者：

Robert Collender; Sherrill L. Shaffer

工作单位：

USDA's Economic Research Service

来源地址：

https://www.ers.usda.gov/publications/pub-details/?pubid=47344

关键词：

Commercial banking;  economic growth;  geographic liberalization;  bank ownership; 

年份：

2000

出版地：

Washington, DC, USA

总页数：

33 pp

语种：

English

摘要：

The restructuring of commercial banking has heightened interest in its economic consequences both for the economy as a whole and for those most likely to bear adverse consequences: small businesses, small banks, and rural areas. Most previous research on bank restructuring focuses on changes in bank behavior. In contrast, this paper focuses on the empirical association between local economic performance and changes in local bank market regulation and structure. Findings suggest that mergers or acquisitions of local banks by nonlocal banks need not impair local economic growth, and may even have beneficial effects in rural markets, with the possible exception of farm-dependent areas. These findings are derived from empirical models that relate both shortrun and longrun growth in real per-capita personal income to geographic restrictions on bank activity, local bank (deposit) market concentration, local or nonlocal ownership of local bank offices, and local or nonlocal control of local bank deposits.