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.
Original language | English |
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Pages (from-to) | 1-15 |
Journal | Regional Studies |
DOIs | |
Publication status | Published - 2020 |