In this paper we investigate the role of EU structural funds in promoting economic growth of Italian provinces (NUTS 3), and whether a more developed local banking sector may expedite the process. We focus on total value added growth for the period 2000-2019, and employ a panel growth regression...

In this paper we study the impact of cooperative banks on local economic development. Working on Italian municipality data in the period 2001-2011, we find that this type of banks plays a distinct role in enhanced local economic performance – particularly income, employment and firms' birth...

In this study we explore market power in 13 EU banking sectors for the years 2007 to 2019 by estimating a structural model with demand and supply equations, where the mark-up of price over marginal cost is parameterized as a measure of banks’ conduct that depends on selected factors. Our...

Does ‘inner' competition – rivalry among network members – worsen performance in a network of cooperative banks? Inner competition might, in fact, endanger network-dependent scale economies. We test our hypothesis on Banche di Credito Cooperativo (BCCs), Italy's network of mutual...