• 1. Introduction
  • 2. Financial intermediation and terms of landing
  • 2.1 Theoretical issues
  • 2.2 Previous empirical results
  • 3. Regional economics and credit risk
  • 3.1 Theoretical issues
  • 3.2 Previous empirical results
  • 4. Analysis of an East-West lending gap
  • 4.1 Hypothesis
  • 4.2 Data measurement and descriptive statistics
  • 4.3 Estimations
  • 5 Conclusions and policy implications
  • Acknowledgements
  • Notes