全球智库信息集成服务系统(G2TT): DP8137 Financial Integration and Growth

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP8137
	DP8137 Financial Integration and Growth - Is Emerging Europe Different?
	Isabel Schnabel; Jeromin Zettelmeyer; Christian Friedrich
发表日期	2010-12-01
出版年	2010
语种	英语
摘要	Using industry-level data, this paper shows that the European transition region benefited much more strongly from financial integration in terms of economic growth than other developing countries in the years preceding the current crisis. We analyze several factors that may explain this finding: financial development, institutional quality, trade integration, political integration, and financial integration itself. The explanation that stands out is political integration. Within the group of transition countries, the effect of financial integration is strongest for countries that are politically closest to the EU. This suggests that political and financial integration are complementary and that political integration can considerably increase the benefits of financial integration.
主题	Financial Economics ; International Macroeconomics
关键词	Economic growth European transition economies Financial integration Parent banking Political integration
URL	https://cepr.org/publications/dp8137
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/536974
推荐引用方式 GB/T 7714	Isabel Schnabel,Jeromin Zettelmeyer,Christian Friedrich. DP8137 Financial Integration and Growth - Is Emerging Europe Different?. 2010.