Measuring the impact of membership to a complementary local currency on company activity

Local currencies have undergone a strong development in France between 2010 and 2020. These schemes are regularly promoted as solutions for developing regional economies and the resilience of these. Although these currencies are currently the subject of several research projects, their micro-economic impact on member companies has not yet been studied. Consideration of this dimension seems essential to assess their potential as a tool for territorial development and for informing associated public decisions. This project proposes a solution to this shortcoming by conducting an econometric study using the Fare file to assess the impact of membership in a local currency on the turnover of businesses. It will consist of applying a double difference or matching method to local currency member companies, which will have been identified by their Siren number and membership date, and to a control group with similar characteristics.