Template-type: ReDif-Paper 1.0
Author-Name: Bos, Jaap W.B.
Author-workplace-name: Finance, RS: GSBE EFME
Author-Name: Degl'Innocenti, Marta
Title: Banking on industry: the impact of financial services on regional industrial structure and development
Abstract: We investigate the extent to which local banking market characteristics can explain where small enterprises (SEs) are located and how they thrive. We start from a simple theory that explains the channels along which local banking market structure can affect the growth of SEs. Subsequently, we make use of a highly detailed data set, exploit unique features of the Italian banking system and find that the structure of the banking system explains the regional distribution of SEs in Italy, in particular through the historical presence of small banks.
Classification-JEL: g21,r11,c21,d40
Series: GSBE Research Memoranda
Creation-Date: 20180101
Number: 009
File-URL: https://cris.maastrichtuniversity.nl/ws/files/25525401/RM18009.pdf
File-Format: application/pdf
File-Size: 585639
Handle: Repec:unm:umagsb:2018009
DOI: 10.26481/umagsb.2018009