Does Local Competition Impact Interest Rates Charged on Small Business Loans? Empirical Evidence from Canada

被引：0
|
作者：
Ted Mallett
Anindya Sen
机构：
[1] Canadian Federation of Independent Business,
来源：
Review of Industrial Organization | 2001年 / 19卷 / 4期
关键词：
Banks; competition; local markets; small business loans;
D O I：
10.1023/A:1012556327791
中图分类号：
学科分类号：
摘要：
Using a unique survey database of Canadian small business loans,we find a negative and statistically significant relation between the number of localcompetitors and small business loan rates. This result is robust to the presence of a wide varietyof covariates intended to proxy the effects of both loan specific details and individualcharacteristics. These findings further suggest that the local markets definition applied to small businessloans is still relevant, despite recent technological innovation such as internet banking.
引用
收藏
页码：435 / 450
页数：15
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