Cooperative banks and local economic growth

被引:24
|
作者
Coccorese, Paolo [1 ]
Shaffer, Sherrill [2 ,3 ]
机构
[1] Univ Salerno, Dept Econ & Stat, Fisciano, Italy
[2] Univ Wyoming, Coll Business, Laramie, WY 82071 USA
[3] Australian Natl Univ, Ctr Appl Macroecon Anal, Canberra, ACT, Australia
关键词
cooperative banks; growth; municipalities; economic performance; STOCK MARKETS; CREDIT; DISTANCE; FINANCE;
D O I
10.1080/00343404.2020.1802003
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyses the impact of cooperative banks on local economic development. Italian municipality data indicate that cooperative banks - more than conventional banks - are associated with enhanced income, employment and firms' growth rates. This evidence is consistent with several other studies indicating a distinct role of cooperative banks in supporting traditional credit provision to local borrowers.
引用
收藏
页码:307 / 321
页数:15
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