Tırtıroğlu, Doğan; Tanyeri, A. Basak; … - 2011
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 …