Contribution of Cooperative Banks to the Regional Economic Growth: Empirical Evidence from France

Feiza El Hancha Sfar and Olfa Ben Ouda
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Feiza El Hancha Sfar: Department of Finance, Laboratoire d' conomie et de Finance Appliqu , Institut des Hautes Etudes Commerciales Carthage, Tunisia
Olfa Ben Ouda: Department of Finance, Laboratoire d' conomie et de Finance Appliqu , Institut des Hautes Etudes Commerciales Carthage, Tunisia

International Journal of Economics and Financial Issues, 2016, vol. 6, issue 2, 508-514

Abstract: In this paper, we propose to study the contribution of the French cooperative banks in regional economic growth. This study is based on dynamic panel data estimation regarding that the data used are generated from 88 regional cooperative banks in France practicing in 26 different regions for the period 2006-2012. The empirical results by the system generalized method of moments method allow us to confirm that cooperative banks is positively associated with economic growth after controlling for various determinants. In fact, the development of cooperative banks by improving their financial situation can promote regional economic development

Keywords: Cooperative Banks; Regional Economic Growth; Dynamic Panel Model; System Generalized Method of Moments (search for similar items in EconPapers)
JEL-codes: C23 F16 F63 G21 R11 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2016-02-21

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