This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Information or Regulation: What Is Driving the International Activities of Commercial Banks? Author info | Abstract | Publisher info | Download info | Related research | Statistics Claudia M. Buch
Additional information is available for the following
registered author(s):
Information costs and regulatory barriers are the main distinguishing features of international financial markets as compared to national financial markets. This paper presents a simple model of the impact of these factors on banksÂ’ cross-border activities and provides empirical evidence. Our dataset allows us to capture both the times-series and the cross-section dimension of information costs and changes in regulations, in particular, for intra-EU asset holdings. While EU membership per se seems to have had a negative impact on cross-border banking activities, the adoption of the Single Market clearly had a positive impact. While regulations and information costs are important for all reporting countries, their relative importance differs between countries.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number
1011.
Download reference. The following formats are available: HTML ,
plain text ,
BibTeX ,
RIS (EndNote),
ReDIF
Length: 51 pages
Date of creation: Nov 2000Date of revision:
Handle: RePEc:kie:kieliw:1011Contact details of provider: Phone: +49 431 8814-1 Fax: +49 431 85853 Email: Web page: http://www.ifw-kiel.de
For technical questions regarding this item, or to correct its listing, contact: (Dieter Stribny).
Keywords: cross-border banking information costs panel cointegration Other versions of this item:
Find related papers by JEL classification: F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
Rafael La Porta & Florencio Lopez-deSilanes & Andrei Shleifer, 2000.
"Government Ownership of Banks ,"
Harvard Institute of Economic Research Working Papers
1890, Harvard - Institute of Economic Research.
[Downloadable!]
Other versions:
La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei, 2001.
"Government Ownership of Banks ,"
Working Paper Series
rwp01-016, Harvard University, John F. Kennedy School of Government.
[Downloadable!] Rafael La Porta & Florencio Lopezde-Silanes & Andrei Shleifer, 2000.
"Government Ownership of Banks ,"
NBER Working Papers
7620, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Rafael La Porta & Florencio Lopez-De-Silanes & Andrei Shleifer, 2002.
"Government Ownership of Banks ,"
Journal of Finance ,
American Finance Association, vol. 57(1), pages 265-301, 02.
[Downloadable!] (restricted) Barron, John M & Valev, Neven T, 2000.
"International Lending by U.S. Banks ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 32(3), pages 357-81, August.
Hart, Oliver D & Jaffee, Dwight M, 1974.
"On the Application of Portfolio Theory to Depository Financial Intermediaries ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 41(1), pages 129-47, January.
[Downloadable!] (restricted)
Moshirian, Fariborz & Van der Laan, Alex, 1998.
"Trade in financial services and the determinants of banks' foreign assets ,"
Journal of Multinational Financial Management ,
Elsevier, vol. 8(1), pages 23-38, January.
[Downloadable!] (restricted)
Richard Portes & Helene Rey, 1999.
"The Determinants of Cross-Border Equity Flows ,"
NBER Working Papers
7336, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Richard Portes & Hélène Rey, 2001.
"The Determinants of Cross-Border Equity Flows ,"
DELTA Working Papers
2001-08, DELTA (Ecole normale supérieure).
[Downloadable!] Portes, Richard & Rey, Hélène, 1999.
"The Determinants of Cross-Border Equity Flows ,"
CEPR Discussion Papers
2225, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) R Portes & H Rey, 2000.
"The Determinants Of Cross-Border Equity Flows ,"
CEP Discussion Papers
0446, Centre for Economic Performance, LSE.
[Downloadable!] Portes, Richard & Rey, Helene, 2005.
"The determinants of cross-border equity flows ,"
Journal of International Economics ,
Elsevier, vol. 65(2), pages 269-296, March.
[Downloadable!] (restricted) Engle, Robert F & Granger, Clive W J, 1987.
"Co-integration and Error Correction: Representation, Estimation, and Testing ,"
Econometrica ,
Econometric Society, vol. 55(2), pages 251-76, March.
[Downloadable!] (restricted)
Mitchell A. Petersen & Raghuram G. Rajan, 2002.
"Does Distance Still Matter? The Information Revolution in Small Business Lending ,"
Journal of Finance ,
American Finance Association, vol. 57(6), pages 2533-2570, December.
[Downloadable!] (restricted)
Other versions: Peek, Joe & Rosengren, Eric S, 1997.
"The International Transmission of Financial Shocks: The Case of Japan ,"
American Economic Review ,
American Economic Association, vol. 87(4), pages 495-505, September.
[Downloadable!] (restricted)
Other versions: Chen, Andrew H. & Mazumdar, Sumon C., 1997.
"A dynamic model of firewalls and non-traditional banking ,"
Journal of Banking & Finance ,
Elsevier, vol. 21(3), pages 393-416, March.
[Downloadable!] (restricted)
Dario Focarelli & Alberto Franco Pozzolo, 2000.
"The Determinants of Cross-Border Bank Shareholdings; an Analysis with Bank-Level Data from OECD Countries ,"
Temi di discussione (Economic working papers)
381, Bank of Italy, Economic Research Department.
[Downloadable!]
Other versions:
Focarelli, D. & Pozzolo, A.F., 2000.
"The Determinants of Cross-Border Bank Share holdings: an Analysis with Bank-Level Data from OECD Countries ,"
Papers
381, Banca Italia - Servizio di Studi.
Dario Focarelli & Alberto F. Pozzolo, 2000.
"The determinants of cross-border bank shareholdings: an analysis with bank-level data from OECD countries ,"
Proceedings ,
Federal Reserve Bank of Chicago, issue May, pages 199-232.
Claudia M. Buch, 1999.
"Why Do Banks Go Abroad? Evidence from German Data ,"
Kiel Working Papers
948, Kiel Institute for the World Economy.
[Downloadable!]
Pasaran, M.H. & Im, K.S. & Shin, Y., 1995.
"Testing for Unit Roots in Heterogeneous Panels ,"
Cambridge Working Papers in Economics
9526, Faculty of Economics, University of Cambridge.
Other versions:
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Allen N. Berger & Robert DeYoung, 2002.
"Technological progress and the geographic expansion of the banking industry ,"
Finance and Economics Discussion Series
2002-31, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!]
Other versions:
Allen N. Berger & Robert DeYoung, 2002.
"Technological progress and the geographic expansion of the banking industry ,"
Working Paper Series
WP-02-07, Federal Reserve Bank of Chicago.
[Downloadable!] Berger, Allen N. & DeYoung, Robert, 2006.
"Technological Progress and the Geographic Expansion of the Banking Industry ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 38(6), pages 1483-1513, September.
[Downloadable!] (restricted) Allen N. Berger & Robert DeYoung, 2002.
"Technological progress and the geographic expansion of the banking industry ,"
Proceedings ,
Federal Reserve Bank of Chicago, issue May, pages 494-508.
Richard Portes & Hélène Rey, 2001.
"The Determinants of Cross-Border Equity Flows ,"
DELTA Working Papers
2001-08, DELTA (Ecole normale supérieure).
[Downloadable!]
Other versions:
Portes, Richard & Rey, Hélène, 1999.
"The Determinants of Cross-Border Equity Flows ,"
CEPR Discussion Papers
2225, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Richard Portes & Helene Rey, 1999.
"The Determinants of Cross-Border Equity Flows ,"
NBER Working Papers
7336, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) R Portes & H Rey, 2000.
"The Determinants Of Cross-Border Equity Flows ,"
CEP Discussion Papers
0446, Centre for Economic Performance, LSE.
[Downloadable!] Portes, Richard & Rey, Helene, 2005.
"The determinants of cross-border equity flows ,"
Journal of International Economics ,
Elsevier, vol. 65(2), pages 269-296, March.
[Downloadable!] (restricted) Liebig, Thilo & Porath, Daniel & di Mauro, Beatrice Weder & Wedow, Michael, 2004.
"How will Basel II affect bank lending to emerging markets? An analysis based on German bank level data ,"
Discussion Paper Series 2: Banking and Financial Studies
2004,05, Deutsche Bundesbank, Research Centre.
[Downloadable!]
Barry Eichengreen & Pipat Luengnaruemitchai, 2006.
"Bond Markets as Conduits for Capital Flows: How Does Asia Compare? ,"
NBER Working Papers
12408, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Alessandra dal Colle Stievano, 2004.
"Finance-Growth Nexus in open economies with outliers ,"
Money Macro and Finance (MMF) Research Group Conference 2004
4, Money Macro and Finance Research Group.
[Downloadable!]
Allen N. Berger & Qinglei Dai & Steven Ongena & David C. Smith, 2002.
"To what extent will the banking industry be globalized? a study of bank nationality and reach in 20 European nations ,"
International Finance Discussion Papers
725, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!]
Other versions:
Allen N. Berger & Qinglei Dai & Steven Ongena & David C. Smith, 2002.
"To what extent will the banking industry be globalized? a study of bank nationality and reach in 20 European nations ,"
Finance and Economics Discussion Series
2002-25, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!] Berger, Allen N. & Dai, Qinglei & Ongena, Steven & Smith, David C., 2003.
"To what extent will the banking industry be globalized? A study of bank nationality and reach in 20 European nations ,"
Journal of Banking & Finance ,
Elsevier, vol. 27(3), pages 383-415, March.
[Downloadable!] (restricted) Claudia M. Buch & Gayle L. DeLong, 2001.
"Cross-Border Bank Mergers: What Lures the Rare Animal? ,"
Kiel Working Papers
1070, Kiel Institute for the World Economy.
[Downloadable!]
Other versions: Schüler , Martin & Heinemann, Friedrich, 2002.
"How integrated are the European retail financial markets? : A cointegration analysis ,"
ZEW Discussion Papers
02-22, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
[Downloadable!]
Elias Papaioannou, 2004.
"International Bank Flows:Determinants and Institutional Role ,"
Money Macro and Finance (MMF) Research Group Conference 2004
28, Money Macro and Finance Research Group.
[Downloadable!]
Focarelli, Dario & Pozzolo, Alberto Franco, 2003.
"Where Do Banks Expand Abroad? An Empirical Analysis ,"
Economics & Statistics Discussion Papers
esdp03009, University of Molise, Dept. SEGeS.
[Downloadable!]
Other versions: Liebig, Thilo & Porath, Daniel & Weder di Mauro, Beatrice & Wedow, Michael, 2005.
"Basel II and Bank Lending to Emerging Markets: Micro Evidence from German Banks ,"
CEPR Discussion Papers
5163, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Access and
download statistics Did you know? RePEc stands for Research Papers in Economics.
This page was last updated on 2008-10-2.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .