Banking structure and employment growth

Robert Collender and Sherrill Shaffer

Applied Economics, 2009, vol. 41, issue 19, 2403-2417

Abstract: Recent studies have documented an association between financial structure and per capita income growth. The relationship between financial structure and job growth, by contrast, is an unexplored issue of independent interest. Here we find that US nonmetropolitan employment grew faster in 1973-1996 where there were fewer locally owned bank offices and a more concentrated initial banking market structure; these linkages were less stable in metropolitan areas. In addition, controlling for employment growth does not undermine the empirical linkage between initial bank structure and subsequent per capita income growth.

Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00036840801998607 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:41:y:2009:i:19:p:2403-2417

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036840801998607

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().