Savings banks and the industrial revolution in Prussia : supporting regional development with public financial institutions

Wahl, Fabian; Lehmann-Hasemeyer, Sibylle

Savings banks and the industrial revolution in Prussia : supporting regional development with public financial institutions

dc.contributor.author	Wahl, Fabian	de
dc.contributor.author	Lehmann-Hasemeyer, Sibylle	de
dc.date.accessioned	2024-04-08T08:54:37Z
dc.date.available	2024-04-08T08:54:37Z
dc.date.created	2017-07-27
dc.date.issued	2017
dc.description.abstract	We show that smaller, regional public financial intermediaries significantly contributed to industrial development, using a new data set of the foundation year and location of Prussian savings banks. This extends the banking-growth nexus beyond its traditional focus on the large universal banks, to savings banks. The saving banks had an impact through the financing of public infrastructure, such as railways, and new private factories. Saving banks were public financial intermediaries, so our results strongly suggest that state intervention can be very successful, particularly in regions in the early stages of industrial development when capital requirements are manageable, and access to international capital markets is limited.	en
dc.identifier.swb	491261365
dc.identifier.uri	https://hohpublica.uni-hohenheim.de/handle/123456789/6173
dc.identifier.urn	urn:nbn:de:bsz:100-opus-13885
dc.language.iso	eng
dc.relation.ispartofseries	Hohenheim discussion papers in business, economics and social sciences; 2017,18
dc.rights.license	publ-mit-pod	en
dc.rights.license	publ-mit-pod	de
dc.rights.uri	http://opus.uni-hohenheim.de/doku/lic_mit_pod.php
dc.subject	Savings banks	en
dc.subject	Prussia	en
dc.subject	Industrialisation	en
dc.subject	Public infrastructure	en
dc.subject	Regional and urban development	en
dc.subject.ddc	330
dc.subject.gnd	Preußen	de
dc.subject.gnd	Sparkasse	de
dc.subject.gnd	Industrielle Revolution	de
dc.title	Savings banks and the industrial revolution in Prussia : supporting regional development with public financial institutions	de
dc.type.dcmi	Text	de
dc.type.dini	WorkingPaper	de
local.access	uneingeschränkter Zugriff	en
local.access	uneingeschränkter Zugriff	de
local.bibliographicCitation.publisherPlace	Universität Hohenheim	de
local.export.bibtex	@techreport{Wahl2017, url = {https://hohpublica.uni-hohenheim.de/handle/123456789/6173}, author = {Wahl, Fabian and Lehmann-Hasemeyer, Sibylle}, title = {Savings banks and the industrial revolution in Prussia : supporting regional development with public financial institutions}, year = {2017}, school = {Universität Hohenheim}, series = {Hohenheim discussion papers in business, economics and social sciences}, }
local.export.bibtexAuthor	Wahl, Fabian and Lehmann-Hasemeyer, Sibylle
local.export.bibtexKey	Wahl2017
local.export.bibtexType	@techreport
local.faculty.number	3	de
local.institute.number	520	de
local.opus.number	1388
local.series.issueNumber	2017,18
local.series.title	Hohenheim discussion papers in business, economics and social sciences
local.university	Universität Hohenheim	de
local.university.faculty	Faculty of Business, Economics and Social Sciences	en
local.university.faculty	Fakultät Wirtschafts- und Sozialwissenschaften	de
local.university.institute	Institute for Economics	en
local.university.institute	Institut für Volkswirtschaftslehre	de

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