Arbeitspapier

Banking geography and cross-fertilization in the productivity growth of US commercial banks

The US banking industry offers a unique, natural and fertile environment to study geography's effects on banks' behavior and performance. The literature on banks' operating performance, while extensive, says little about the influence of spatial interactions on banks' performance. We compute and examine, using a physical distance-based spatio-temporal empirical model, the state-wide total factor productivity growth (TFPG) indices of US commercial banks for each state for the 1971-1995 period. We observe that the productivity growth of commercial banks in state i depends strongly, positively, and contemporaneously on the productivity growth of commercial banks located in state i's contiguous states. Further, regulatory space appears to induce frictions and lessen the documented spatial interactions. These findings support our plea that research on commercial banking sector's behavior need to pay a particular attention to the effects of banking geography.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 1108

Klassifikation
Wirtschaft
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Financial Institutions and Services: Government Policy and Regulation
Regulated Industries and Administrative Law
Thema
Spatial
Commercial Banks
Total Factor Productivity Growth
Kalman Filter
Bankgeschäft
Produktivität
Räumliche Verteilung
Teilstaat
Zustandsraummodell
Schätzung
USA

Ereignis
Geistige Schöpfung
(wer)
Tirtiroglu, Dogan
Tanyeri, A. Basak
Tirtiroglu, Ercan
Daniels, Kenneth N.
Ereignis
Veröffentlichung
(wer)
Koç University-TÜSİAD Economic Research Forum (ERF)
(wo)
Istanbul
(wann)
2011

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Tirtiroglu, Dogan
  • Tanyeri, A. Basak
  • Tirtiroglu, Ercan
  • Daniels, Kenneth N.
  • Koç University-TÜSİAD Economic Research Forum (ERF)

Entstanden

  • 2011

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