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Interstate Banking and Branching Efficiency Act

Increase Competition Among Banks to Help Small Businesses

Jess Cornaggia | Posted 01.23.2014 | College
Jess Cornaggia

After discussing the IBBEA, a few colleagues and I became curious if there was a correlation between banking regulation and the overall impact on state-level innovation. Following previous research on how this expanded access to credit improves productivity and makes it easier for producers to manager operational risk, we wanted to explore if expanded access to credit (via greater competition amongst banks) had allowed firms to become more innovative.