@article {596,
	title = {Bank foundations, social capital and the growth of Italian provinces},
	journal = {Regional Studies},
	volume = {53},
	year = {2019},
	pages = {231-244},
	publisher = {Routledge},
	abstract = {<p>The funding role of bank foundations in the Italian economy, especially to the non-profit sector, significantly increased over the last 25 years. This paper constructs a novel measure of social capital at the provincial level that explicitly takes into account the bank foundations{\textquoteright} sectors of intervention (such as education, public health, and art and culture), together with other traditional aspects of social capital, and then tests the impact of bank foundations on the economic growth of Italian provinces. The findings suggest that the contribution of bank foundations to social capital positively affects the economic growth of provinces. {\textcopyright} 2018, {\textcopyright} 2018 Regional Studies Association.</p>
},
	keywords = {banking, economic growth, economic impact, Italy, regional development, social capital},
	issn = {00343404},
	doi = {10.1080/00343404.2018.1455971},
	url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-85044974106\&doi=10.1080\%2f00343404.2018.1455971\&partnerID=40\&md5=a2480a72d8e44fd106375170775215e3},
	author = {Calcagnini, G. and Giombini, G. and Perugini, F.}
}
@article {594,
	title = {Income distribution dynamics among Italian provinces. The role of Bank Foundations},
	journal = {Applied Economics},
	volume = {51},
	year = {2019},
	pages = {3198-3211},
	publisher = {Routledge},
	abstract = {<p>This paper investigates the convergence process and the distribution dynamics of income among Italian NUTS-3 provinces between 2003 and 2011. Findings show the existence of multiple steady-state equilibria which is consistent with the well-documented persistence in income disparities among Italian provinces. The role of grant-making activities by Bank Foundations is assessed on a conditioning scheme. Results suggest that Bank Foundations can affect the shape of the distribution of income and, in the long run, reduce polarization with a tendency for income to collapse towards a unimodal distribution. {\textcopyright} 2019, {\textcopyright} 2019 Informa UK Limited, trading as Taylor \&amp; Francis Group.</p>
},
	keywords = {banking, convergence, income distribution, Italy},
	issn = {00036846},
	doi = {10.1080/00036846.2019.1572866},
	url = {https://www.scopus.com/inward/record.uri?eid=2-s2.0-85061431000\&doi=10.1080\%2f00036846.2019.1572866\&partnerID=40\&md5=b04d4ccf7eec9541674ca1ee3e6fe5bf},
	author = {Calcagnini, G. and Perugini, F.}
}
