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CHANGE‐POINT ANALYSIS OF THE GROWTH EFFECTS OF STATE BANKING DEREGULATION
Author(s) -
FREEMAN DONALD G.
Publication year - 2005
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1093/ei/cbi041
Subject(s) - deregulation , economics , point (geometry) , state (computer science) , monetary economics , macroeconomics , geometry , mathematics , algorithm , computer science
This article uses recent developments in change‐point analysis to demonstrate that stronger income growth rates previously associated with state bank branch deregulation were in all cases temporary rather than permanent. In addition, patterns of temporal ordering across regions suggest that in many states deregulation was a response to economic conditions rather than the reverse. (JEL E44 , G28 )