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    "abstract": [
        "This paper shows that bank performance improves significantly after restrictions on bank expansion are lifted. We find that profits increase and loan quality improves after states permit statewide branching, and\u2014to a lesser extent\u2014after states allow interstate banking. The improvements following branching deregulation appear to occur because better banks increase market share at the expense of their less efficient rivals. By retarding the \"natural\" evolution of the industry, branching restrictions reduced the performance of the average banking asset. We also find limited support for the hypothesis that more competitive banking markets following deregulation better discipline bank managers, thereby improving bank performance."
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    "language": [
        "eng"
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    "titleInfo": [
        {
            "title": "Entry Restrictions, Industry Evolution and Dynamic Efficiency",
            "subTitle": "Evidence from Commercial Banking",
            "titlePartNumber": "Research Paper no. 9630"
        }
    ],
    "identifier": [
        {
            "$": "36169356",
            "@type": "oclc"
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            "@type": "fip:fednrp:9630"
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        "sortDate": "1996-08-01",
        "dateIssued": "August 1996"
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