Geography, Institutions and Principles. Bits and Pieces of Empirical Evidence from Small-scale Banking

Arbeitspapier

Theory suggests that the cross-border bank lending flow from rich countries to poor countries is facilitated when lending-related legal and social norms are shared and valued equally by both lenders and borrowers. According to this reasoning the fast adoption of Western-style democracy and market economy principles as established by EU standards by many of the East European "transformation countries" since the early 1990s should have raised cross-border lending by banks based in EU 15 countries to clients resident in new East European EU member countries. Exploring cross-border lending activities of Austrian small- to medium-sized regional banks over the period from 1995 to 2008 with panel and spatial econometric techniques this paper provides evidence that is supportive of this presumption.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIFO Working Papers ; No. 392

Classification and Topics

• Classification: Wirtschaft
• Subject: panel econometric analysis ; spatial econometric analysis ; cross-border bank lending ; institutions ; neoclassical economics ; Internationale Bank ; Österreich ; Bankgeschäft ; EU-Mitgliedschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hahn, Franz R.
• Event: Veröffentlichung
• (who): Austrian Institute of Economic Research (WIFO)
• (where): Vienna
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/128927
• Last update: 10.03.2025, 11:45 AM CET