Süße, Marvin; Grigoriadis, Theocharis - In: IBF paper series (2022) 1, pp. 1-38
Can state-owned banks spur development? Gerschenkron (1962) identified the State Bank of the Rus- sian Empire as the … in geographical access to State Bank branches at the factory level using a uniquely geocoded data set on industrial … plants in 1890 and 1908. This permits us to circumvent the endogeneity of bank location to regional economic conditions. Our …