Construction of an spatial index of banking coverage for the central region of Argentina.

The banking sector is a key sector that enables economic development in any country or region by providing financial services and credit to firms and households. By this, it is crucial to measure how the banking sector evolves in certain regions. This paper constructs a banking index (BI) for the ma...

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Detalles Bibliográficos
Autor principal: García, Fernando
Formato: Revistas
Lenguaje:Español
Publicado: Universidad de Cartagena 2020
Acceso en línea:https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/3327
Descripción
Sumario:The banking sector is a key sector that enables economic development in any country or region by providing financial services and credit to firms and households. By this, it is crucial to measure how the banking sector evolves in certain regions. This paper constructs a banking index (BI) for the main economic area of Argentina using georeferenced data with information provided by the Central Bank of Argentina and the last Argentinean census. The Geographically Weighted Principal Components Analysis (GWPCA) used seems to be a significant methodological contribution in comparison with the Principal Component Analysis (PCA), since the GWPCA incorporates the spatial heterogeneity ignored by the PCA. As to the results, the BI for the area suggests a higher level of banking coverage for two of the states (Santa Fe and Córdoba). The BI also suggests a heterogeneous behavior in the use the banking services for Córdoba and a homogeneous one for the remaining regional state (Entre Ríos).