Economics at your fingertips  

Banks´ Inefficiency and Economic Growth A Micro-Macro Approach

Riccardo (Jack) Lucchetti (), Luca Papi () and Alberto Zazzaro ()

No 153, Development Working Papers from Centro Studi Luca d'Agliano, University of Milano

Abstract: This paper offers a methodological contribution to the empirical analysis of the relationships between banking and economic growth by suggesting a new indicator for the state of development of the banking system based on a measure of bank microeconomic efficiency. This choice helps to overcome the problem of causality and to capture the effects of the banks’ allocative activity. This new approach is then applied to analyse the relationship between the banking system and economic growth in the Italian regions, through a dynamic panel technique. The empirical results show the existence of an independent effect exerted by the efficiency of banks on regional growth.

Keywords: Bank efficiency; regional growth (search for similar items in EconPapers)
JEL-codes: O40 G21 C33 (search for similar items in EconPapers)
Date: 2001-05-01
References: Add references at CitEc
Citations: View citations in EconPapers (42) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
Journal Article: Banks' Inefficiency and Economic Growth: A Micro-Macro Approach (2001) Downloads
Working Paper: Banks' inefficiency and economic growth: a micro-macro approach (2000) Downloads
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:

Access Statistics for this paper

More papers in Development Working Papers from Centro Studi Luca d'Agliano, University of Milano Contact information at EDIRC.
Bibliographic data for series maintained by Chiara Elli ().

Page updated 2019-10-22
Handle: RePEc:csl:devewp:153