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Structure bancaire locale et évolution du crédit à l’échelle des départements français. L’expérience de la crise financière de 2007-2008

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Listed:
  • Céline Meslier
  • Philippe Rous
  • Alain Sauviat
  • Pascale Torre

Abstract

The aim of this paper is to analyze the impact of local banking market characteristics on the evolution of bank credit in the French departments using an original dataset (centralisations financières territoriales) provided by the Banque de France. We identify structural breaks in the evolution of bank credit at the local level during the 2007-08 crisis and empirically investigate the influence of local banking market structure on the date and the intensity of the breaks. We find the impact of the crisis to be weaker in local market where regional banks market have a greater market share, are less distant in line with the relationship lending approach. These results are particularly relevant for credit to firms. Classification JEL : G21, G32

Suggested Citation

  • Céline Meslier & Philippe Rous & Alain Sauviat & Pascale Torre, 2016. "Structure bancaire locale et évolution du crédit à l’échelle des départements français. L’expérience de la crise financière de 2007-2008," Revue économique, Presses de Sciences-Po, vol. 67(2), pages 279-314.
  • Handle: RePEc:cai:recosp:reco_pr2_0059
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    References listed on IDEAS

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    1. Jushan Bai & Pierre Perron, 1998. "Estimating and Testing Linear Models with Multiple Structural Changes," Econometrica, Econometric Society, vol. 66(1), pages 47-78, January.
    2. Presbitero, Andrea F. & Zazzaro, Alberto, 2011. "Competition and relationship lending: Friends or foes?," Journal of Financial Intermediation, Elsevier, vol. 20(3), pages 387-413, July.
    3. Berger, Allen N. & Rosen, Richard J. & Udell, Gregory F., 2007. "Does market size structure affect competition? The case of small business lending," Journal of Banking & Finance, Elsevier, vol. 31(1), pages 11-33, January.
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    10. Andrea F. Presbitero & Gregory F. Udell & Alberto Zazzaro, 2014. "The Home Bias and the Credit Crunch: A Regional Perspective," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(s1), pages 53-85, February.
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    More about this item

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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