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dc.contributor.authorArribas, Iván
dc.contributor.authorPérez García, Francisco
dc.contributor.authorTortosa-Ausina, Emili
dc.date.accessioned2012-05-22T21:11:47Z
dc.date.available2012-05-22T21:11:47Z
dc.date.issued2011-01
dc.identifier.citationStudies in Nonlinear Dynamics & Econometrics (Jan. 2011), vol. 15, no. 1ca_CA
dc.identifier.issn1081-1826
dc.identifier.issn1558-3708
dc.identifier.urihttp://hdl.handle.net/10234/38619
dc.description.abstractOver the last two decades, the degree of international financial integration has increased substantially, becoming an important area of research for many financial economists. This paper explores the determinants of the asymmetries in the international integration of banking systems. We consider an approach based on both network analysis and the concept of geographic neutrality. Our analysis focuses on the banking systems of 18 advanced economies from 1999 to 2005. Results indicate that banking integration should be assessed from the perspective of both inflows and outflows, given that they show different patterns for different countries. The parametric techniques point out the remarkable role of both geographic distance and trade integration. However, the most relevant results are yielded by nonparametric techniques, which we use due to the lack of well-established results on the determinants of trade in assets. These techniques reveal that the effect of the covariates on banking integration is not constant over the conditional distribution which (in practical terms) implies that the sign of the relationship varies across countries.ca_CA
dc.format.extent38 p.ca_CA
dc.format.mimetypeapplication/pdfca_CA
dc.language.isoengca_CA
dc.publisherWalter de Gruyterca_CA
dc.relation.isFormatOfVersió pre-print del document publicat a: http://www.degruyter.com/view/j/snde.2010.15.1/snde.2010.15.1.1763/snde.2010.15.1.1763.xml?format=INTca_CA
dc.rights© Walter de Gruyterca_CA
dc.subjectBanking integrationca_CA
dc.subjectGeographic neutralityca_CA
dc.subjectNetwork analysisca_CA
dc.subjectNonparametric regressionca_CA
dc.subject.lcshBank managementca_CA
dc.subject.lcshInternational economic integrationca_CA
dc.subject.otherBancs--Administracióca_CA
dc.subject.otherIntegració econòmicaca_CA
dc.titleThe determinants of international financial integration revisited: the role of networks and geographic neutralityca_CA
dc.typeinfo:eu-repo/semantics/articleca_CA
dc.identifier.doihttp://dx.doi.org/10.2202/1558-3708.1763
dc.rights.accessRightsinfo:eu-repo/semantics/openAccessca_CA


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