Cooperative banks and local economic growth

Paolo Coccorese and Sherrill Shaffer

Regional Studies, 2021, vol. 55, issue 2, 307-321

Abstract: 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.

Date: 2021
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Working Paper: Cooperative banks and local economic growth (2018)
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DOI: 10.1080/00343404.2020.1802003

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