Cooperative banks and local economic growth

Paolo Coccorese, Sherrill Shaffer

    Research output: Contribution to journalArticle


    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.
    Original languageEnglish
    Pages (from-to)1-15
    JournalRegional Studies
    Publication statusPublished - 2020


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