Evaluating the real effect of bank branching deregulation: Comparing contiguous counties across US state borders

Abstract

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“…I use two techniques to address this concern. First, I build on Huang (2008) and test the effect of non-compete enforcement on banks' entry modes only using contiguous counties bordering the states with changes in non-compete enforcement. The advantage of this analysis is that counties bordering the states tend to share similar unobserved heterogeneity.…”