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.

Cooperative banks and local economic growth

Coccorese, Paolo;
2021

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.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11386/4749746
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