Cebula, Richard J.; Belton, Willie J. - In: The Review of Regional Studies 26 (1996) 3, pp. 341-350
This study empirically examines determinants of geographic (interstate) differentials in the bank failure rate in the United States for the period 1989-1994. The study uses the Heteroskedastic-TOBIT estimation technique because 20 percent of the observations on the dependent variable are zeros...