Multilevel empirics for small banks in local markets
| Autor: | Aiello, Francesco, Bonanno, Graziella |
|---|---|
| Přispěvatelé: | Aiello, Francesco, Bonanno, Graziella |
| Jazyk: | angličtina |
| Rok vydání: | 2018 |
| Předmět: |
Planning and Development
local markets jel:R19 cost efficiency Geography Multilevel model small banks Geography Planning and Development jel:D00 jel:C13 Environmental Science (miscellaneous) jel:C21 Multilevel model mutual-cooperative banks local markets cost efficiency jel:G21 mutual-cooperative banks local market small bank |
| Popis: | Banking is increasingly a-spatial. However, the environment matters for small banks. Indeed, they are embedded in narrowed markets and hence benefit from proximity to their member-customers. By referring to multilevel approach, this article aims at measuring how much the performance of Italian mutual-cooperative banks is determined by both geographical (provincial level) and individual characteristics (small bank level). The effect of local markets explains 28.27% of bank heterogeneity in the empty multilevel model and 33% in the most extended model. Moreover, it is found that bank efficiency increases with market concentration and demand density and decreases with branching in local markets. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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