We provide the first evidence of the effects of credit market regulations on the cost of bank loans. Using a sample of 3,706 banks in 154 countries over the period 2002-2020, we find robust evidence that the liberalisation of credit market regulations is associated with lower loan prices. The...

Using a sample of 3,770 commercial banks in 167 countries over the years 2002–2021, we examine the effects of corporate taxation on loan prices. We find that, when all else is held constant, one percentage point increase in the corporate income tax rate leads to an increase in the average...

We examine the relation between geopolitical risk and the cost of bank loans using a sample of 27,405 loan facilities in the US over the period 1991–2019. We show that geopolitical risk is associated with higher loan prices and more stringent nonprice loan terms. Delving into the components of...

Enhancement of rice production efficiency in developing countries is important to improve the livelihoods of farmers and to ensure global food security for a growing population. Despite significant progress in recent decades, rice production in these countries is facing multiple challenges from...