Growth of City Regions and Bank Branch Localization
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F20%3A10246216" target="_blank" >RIV/61989100:27510/20:10246216 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.1051/shsconf/20207405019" target="_blank" >https://doi.org/10.1051/shsconf/20207405019</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1051/shsconf/20207405019" target="_blank" >10.1051/shsconf/20207405019</a>
Alternative languages
Result language
angličtina
Original language name
Growth of City Regions and Bank Branch Localization
Original language description
Current research in regional science focuses on the relationships between production factors and their impact on the overall product of cities, as well as topics dealing with the contribution of different city sizes to the economic growth. However, the ongoing process of international financialization tightly linked to access to finance gains on importance as the financial sector serves as a conduit for capital transformation in space. This article examines the economic growth of Slovak city regions and estimates the effect of access to finance measured by bank branches availability in these regions, once controlling for the standard impact of production factors. We construct non-overlapping three 5-years periods panel for more than 60 Slovak urban regions and combine it with data on bank branches localization on the county level and for major domestic commercial banks. The standard Cobb-Douglas production function is utilized with regional output calculated for firms with more than 20 employees and measures of physical and quantity and quality of human capital as conditioning variables. The characteristics of individual banks with bank branches located inside the city regions are included in order to investigate quality effect of financialization process. In order to control for time-invariant region-specific effect we use fixed effect panel model. Potential endogeneity issue between regional productivity and bank branch localization is addressed by the use of IV-2SLS estimator.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
<a href="/en/project/GA19-19485S" target="_blank" >GA19-19485S: Spatial Dynamics and Inequality: The Role of Connectivity and Access to Finance</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Globalization and its Socio-economic Consequences - Sustainability in the Global-Knowledge Economy : 19th international scientific conference : 9th - 10th October 2019, Rajecke Teplice, Slovak Republic
ISBN
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ISSN
2261-2424
e-ISSN
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Number of pages
10
Pages from-to
1-10
Publisher name
EDP Sciences
Place of publication
Les Ulis
Event location
Rajecké Teplice
Event date
Oct 9, 2019
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000528040800118