报告人：吴俊
时间：2021年4月16日下午13: 00 -15: 00
地点：信息楼405
【内容摘要】Using unique data on new firm registration in China, we investigate how the deregulation on bank entry barriers alters local banking industrial organization and its impact on entrepreneurship. The difference-in-differences estimation shows that branch deregulation has a sizeable positive effect on entrepreneurship, especially in eastern areas and among non-state owned firms. We further present evidence consistent with two countervailing mechanisms: increased bank competition leads to credit supply and lower loan price and vigorous bank competition may mitigate willingness of banks to invest in relationships.
