IDEAS home Printed from https://ideas.repec.org/p/cdp/texdis/td192.html
   My bibliography  Save this paper

Desenvolvimento econômico, preferência pela liquidez e acesso bancário: um estudo de caso [Economic development, liquidity preference and access to bank services: a case study]

Author

Listed:
  • Marco Crocco
  • Anderson Cavalcante
  • Cláudio Barra
  • Vanessa da Costa Val

Abstract

The aim of this paper is to study the access to bank services and the public liquidity preference in Minas Gerais. The theoretical approach will be post-keynesian, which suggests that in peripherical regions the liquidity preference would be higher, due to the uncertainty. This situation leads to fewer bank branches, less information within the peripheral region and lower willingness in lending by the bank system. In this way, regions with higher liquidity preferences and lower access to bank services are supposed to show credit problems, what make their development more difficult.

Suggested Citation

  • Marco Crocco & Anderson Cavalcante & Cláudio Barra & Vanessa da Costa Val, 2003. "Desenvolvimento econômico, preferência pela liquidez e acesso bancário: um estudo de caso [Economic development, liquidity preference and access to bank services: a case study]," Textos para Discussão Cedeplar-UFMG td192, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td192
    as

    Download full text from publisher

    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20192.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Paul Davidson, 1983. "Rational Expectations: A Fallacious Foundation for Studying Crucial Decision-Making Processes," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 5(2), pages 182-198, January.
    2. Faini, Riccardo & Giannini, Curzio & Ingrosso, Fulvio, 1992. "Finance and Development: The Case of Southern Italy," CEPR Discussion Papers 674, C.E.P.R. Discussion Papers.
    3. Sheila C. Dow & John Hillard (ed.), 1995. "Keynes, Knowledge And Uncertainty," Books, Edward Elgar Publishing, number 148.
    4. Sheila C. Dow, 1993. "Money And The Economic Process," Books, Edward Elgar Publishing, number 147.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marco Crocco & Fabiana Santos & Pedro Amaral, 2010. "The Spatial Structure of Financial Development in Brazil," Spatial Economic Analysis, Taylor & Francis Journals, vol. 5(2), pages 181-203.
    2. Marco Crocco & Cláudio Barra de Castro & Anderson Cavalcante & Vanessa da Costa Val, 2002. "Acesso bancário e preferência pela liquidez nas mesorregiões de Minas Gerais," Anais do X Seminário sobre a Economia Mineira [Proceedings of the 10th Seminar on the Economy of Minas Gerais], in: João Antonio de Paula & et alli (ed.),Anais do X Seminário sobre a Economia Mineira [Proceedings of the 10th Seminar on the Economy of Minas Gerais], Cedeplar, Universidade Federal de Minas Gerais.
    3. Marco Crocco & Anderson Cavalcante & Cláudio Barra, 2003. "Money and Space: the behaviour of liquidity preference of banks and public in a peripheral country," Textos para Discussão Cedeplar-UFMG td196, Cedeplar, Universidade Federal de Minas Gerais.
    4. Marco Crocco, 2002. "The concept of degrees of uncertainty in Keynes, Shackle, and Davidson," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 12(2), pages 11-28, July-Dece.
    5. Rodríguez-Fuentes, Carlos Javier & Hernández-López, Montserrat, 1997. "Análisis de diferencias estructurales interregionales determinantes en el impacto de la política monetaria," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 7, pages 141-157, Junio.
    6. Dequech, David, 2000. "Confidence and action: a comment on Barbalet," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 29(6), pages 503-515, November.
    7. Paul Downward, "undated". "Risk, Uncertainty and Inference in Post Keynesian Economics:A Realist Commentary," Working Papers 98-8, Staffordshire University, Business School.
    8. Ana Tereza Lanna Figueiredo, 2006. "O papel da moeda nas teorias do desenvolvimento desigual: uma abordagem pós-keynesiana," Textos para Discussão Cedeplar-UFMG td293, Cedeplar, Universidade Federal de Minas Gerais.
    9. Marco Crocco & Fernanda Faria-Silva & Luiz Paulo-Rezende & Carlos J. Rodr�guez-Fuentes, 2014. "Banks and Regional Development: An Empirical Analysis on the Determinants of Credit Availability in Brazilian Regions," Regional Studies, Taylor & Francis Journals, vol. 48(5), pages 883-895, May.
    10. Engelbert Stockhammer & Paul Ramskogler, 2008. "Uncertainty and Exploitation in History," Journal of Economic Issues, Taylor & Francis Journals, vol. 42(1), pages 175-194, March.
    11. Shyam Gouri Suresh & Mark Setterfield, 2015. "Firm performance, macroeconomic conditions, and “animal spirits” in a Post Keynesian model of aggregate fluctuations," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 38(1), pages 38-63, July.
    12. Dow, Sheila, 2016. "Uncertainty: A diagrammatic treatment," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 10, pages 1-25.
    13. Wilfred Dolfsma, 2009. "Paradoxes of Modernist Consumption: Reading Fashions," Palgrave Macmillan Books, in: Institutions, Communication and Values, chapter 9, pages 113-122, Palgrave Macmillan.
    14. Hans-Werner Sinn & Frank Westermann, 2000. "Two Mezzogiornos," CESifo Working Paper Series 378, CESifo.
    15. Sheila Dow, 2010. "The Psychology of Financial Markets: Keynes, Minsky and Emotional Finance," Chapters, in: Dimitri B. Papadimitriou & L. Randall Wray (ed.), The Elgar Companion to Hyman Minsky, chapter 13, Edward Elgar Publishing.
    16. Juan Fernandez de Guevara & Joaquin Maudos, 2009. "Regional Financial Development and Bank Competition: Effects on Firms' Growth," Regional Studies, Taylor & Francis Journals, vol. 43(2), pages 211-228.
    17. Louis-Philippe Rochon & Sergio Rossi, 2013. "Endogenous money: the evolutionary versus revolutionary views," Review of Keynesian Economics, Edward Elgar Publishing, vol. 1(2), pages 210-229, January.
    18. V. Cerasi & B. CHIZZOLINI & M. IVALDI, 1998. "Branching and Competitiveness across Regions in the Italian Banking Industry," Departmental Working Papers 1998-03, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    19. Patrick Honohan, 1994. "Integration of Financial Markets in Europe: Implications for the Irish Banking System," Papers WP050, Economic and Social Research Institute (ESRI).
    20. Aiello, Francesco & Scoppa, Vincenzo, 2008. "Convergence and Regional Productivity Divide in Italy: Evidence from Panel Data," MPRA Paper 17343, University Library of Munich, Germany.

    More about this item

    Keywords

    economic development; financial system; post-Keynesian;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cdp:texdis:td192. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gustavo Britto (email available below). General contact details of provider: https://edirc.repec.org/data/pufmgbr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.