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

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Kodila-Tedika, Oasis
  • Asongu, Simplice
  • Cinyabuguma, Matthias
  • African Governance and Development Institute (AGDI)

Entstanden

  • 2016

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