Distance, Lending Relationships, and CompetitionMay 17th, 2003
FiledMay 17th, 2003∗Corresponding author. The authors are especially indebted to an anonymous referee, Robert Hauswald, and Robert Marquez for many insightful comments. We also received valuable comments from Adam Ashcraft, Allen Berger, Clive Bell, Arnoud Boot, Jan Bouckaert, Santiago Carbó Valverde, Elena Carletti, Giovanni Dell’ Ariccia, Jurgen Eichberger, Thomas Gehrig, Hans Gersbach, Rick Green (the editor), Reint Gropp, Timothy Hannan, Philipp Hartmann, Roman Inderst, Tulio Jappelli, Abe de Jong, Robert Lensink, Ernst Maug, Phil Molyneux, Theo Nijman, Marco Pagano, Maria Fabiana Penas, Mitch Petersen, Nagpurnanand Prabhala, Joao Santos, Alessandro Sbuelz, Elmer Sterken, Linda Toolsema-Veldman, Greg Udell, Martijn Van Dijck, Frank Verboven, Philip Vermeulen, Jurgen Weigand, and Gunther Wuyts, and participants at the 2003 American (Washington DC) and 2002 German (Koln) Finance Association Meetings, the 2003 European Central Bank – Center for Financial Studies Network Meeting on “Capital Markets and F
Distance, Lending Relationships, and CompetitionMay 17th, 2003
FiledMay 17th, 2003∗Corresponding author. The authors are especially indebted to an anonymous referee, Robert Hauswald, and Robert Marquez for many insightful comments. We also received valuable comments from Adam Ashcraft, Allen Berger, Clive Bell, Arnoud Boot, Jan Bouckaert, Santiago Carbó Valverde, Elena Carletti, Giovanni Dell’ Ariccia, Jurgen Eichberger, Thomas Gehrig, Hans Gersbach, Rick Green (the editor), Reint Gropp, Timothy Hannan, Philipp Hartmann, Roman Inderst, Tulio Jappelli, Abe de Jong, Robert Lensink, Ernst Maug, Phil Molyneux, Theo Nijman, Marco Pagano, Maria Fabiana Penas, Mitch Petersen, Nagpurnanand Prabhala, Joao Santos, Alessandro Sbuelz, Elmer Sterken, Linda Toolsema-Veldman, Greg Udell, Martijn Van Dijck, Frank Verboven, Philip Vermeulen, Jurgen Weigand, and Gunther Wuyts, and participants at the 2003 American (Washington DC) and 2002 German (Koln) Finance Association Meetings, the 2003 European Central Bank – Center for Financial Studies Network Meeting on “Capital Markets and F