FELICI, ROBERTO; PAGNINI, MARCELLO - In: Journal of Industrial Economics 56 (2008) 3, pp. 500-534
We examine the determinants of entry into Italian local banking markets during the period 1991-2002 and build a simple model in which the probability of branching in a new market depends on the features of both the local market and the potential entrant. Econometric findings show that banks are...