Arbeitspapier

Local banking and local economic growth in Italy: Some panel evidence

This paper provides new evidence on the contribution of local banking to local economic growth (i.e. at county level - the Italian "province") in Italy. A comprehensive dataset is used, which includes control variables for social capital and human capital as well as indicators of the quality of local infrastructures and the production structure of the local economy. A linear within-estimator technique with fixed effects is applied to a modified version of the so-called Barro regression (Cecchetti and Karrhoubi, 2013) in order to address the well-known econometric issues of reverse causality and estimation bias resulting from unobserved district-specific influences.

Sprache
Englisch

Erschienen in
Series: DIW Discussion Papers ; No. 1409

Klassifikation
Wirtschaft
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Financial Markets and the Macroeconomy
Financial Crises
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
Thema
bank lending
local growth
panel data

Ereignis
Geistige Schöpfung
(wer)
Caporale, Guglielmo Maria
Di Colli, Stefano
Di Salvo, Roberto
Lopez, Juan Sergio
Ereignis
Veröffentlichung
(wer)
Deutsches Institut für Wirtschaftsforschung (DIW)
(wo)
Berlin
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Caporale, Guglielmo Maria
  • Di Colli, Stefano
  • Di Salvo, Roberto
  • Lopez, Juan Sergio
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Entstanden

  • 2014

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