Arbeitspapier
Financial Development and Geographic Isolation: Global Evidence
Using cross-country differences in the degree of isolation before the advent of technologies in sea and air transportation, we assess the relationship between geographic isolation and financial development across the globe. We find that pre-historic geographical isolation has been beneficial to development because it has contributed to contemporary cross-country differences in financial development. The relationship is robust to alternative samples, different estimation techniques, outliers and varying conditioning information sets.
- Sprache
-
Englisch
- Erschienen in
-
Series: AGDI Working Paper ; No. WP/16/014
- Klassifikation
-
Wirtschaft
Economic Integration
International Financial Markets
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Economywide Country Studies: General
- Thema
-
Financial development
Isolation
Agglomeration
Globalization
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kodila-Tedika, Oasis
Asongu, Simplice
Cinyabuguma, Matthias
- Ereignis
-
Veröffentlichung
- (wer)
-
African Governance and Development Institute (AGDI)
- (wo)
-
Yaoundé
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kodila-Tedika, Oasis
- Asongu, Simplice
- Cinyabuguma, Matthias
- African Governance and Development Institute (AGDI)
Entstanden
- 2016