Financial Sector Competition, Service Trade, and Growth

Felix Eschenbach; Joseph Francois

Financial Sector Competition, Service Trade, and Growth

Felix Eschenbach
, Joseph Francois

Institut für Volkswirtschaftslehre

Publikation: Andere Beiträge › Sonstiger Beitrag

Abstract

We explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop an analytical model, highlighting links between long-run economic performance and services trade, through scale economies and market and cost structures in the financial services sector. This is folIowed by an econometric exercise based on data for 130 countries for the 1990s. Our resu1ts point to a strong positive relationship between financia1 sector competition/performance and financia1 sector openness (meaning foreign bank access to domestic markets), and between growth and financial sector competition/performance. They also point to the presence of sca1e economies in the sector.

Originalsprache	Englisch
Verlag	Tinbergen Institute
Publikationsstatus	Veröffentlicht - 2002

UN SDGs

Dieser Output leistet einen Beitrag zu folgendem(n) Ziel(en) für nachhaltige Entwicklung

SDG 2 – Kein Hunger
SDG 8 – Anständige Arbeitsbedingungen und wirtschaftliches Wachstum

Wissenschaftszweige

405002 Agrarökonomie
502 Wirtschaftswissenschaften
502001 Arbeitsmarktpolitik
502002 Arbeitsmarkttheorie
502003 Außenhandel
502009 Finanzwirtschaft
502010 Finanzwissenschaft
502012 Industriebetriebslehre
502013 Industrieökonomik
502018 Makroökonomie
502020 Marktforschung
502021 Mikroökonomie
502025 Ökonometrie
502027 Politische Ökonomie
502039 Strukturpolitik
502042 Umweltökonomie
502046 Volkswirtschaftspolitik
502047 Volkswirtschaftstheorie
504014 Gender Studies
506004 Europäische Integration
507016 Regionalökonomie
303010 Gesundheitsökonomie

Andere Dateien und Links

DOWNLOADABLE

Dieses zitieren

@misc{29cece456bdb4d46a9d8bdd0ebe6256f,

title = "Financial Sector Competition, Service Trade, and Growth",

abstract = "We explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop an analytical model, highlighting links between long-run economic performance and services trade, through scale economies and market and cost structures in the financial services sector. This is folIowed by an econometric exercise based on data for 130 countries for the 1990s. Our resu1ts point to a strong positive relationship between financia1 sector competition/performance and financia1 sector openness (meaning foreign bank access to domestic markets), and between growth and financial sector competition/performance. They also point to the presence of sca1e economies in the sector.",

author = "Felix Eschenbach and Joseph Francois",

year = "2002",

language = "English",

publisher = "Tinbergen Institute",

type = "Other",

}

TY - GEN

T1 - Financial Sector Competition, Service Trade, and Growth

AU - Eschenbach, Felix

AU - Francois, Joseph

PY - 2002

Y1 - 2002

N2 - We explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop an analytical model, highlighting links between long-run economic performance and services trade, through scale economies and market and cost structures in the financial services sector. This is folIowed by an econometric exercise based on data for 130 countries for the 1990s. Our resu1ts point to a strong positive relationship between financia1 sector competition/performance and financia1 sector openness (meaning foreign bank access to domestic markets), and between growth and financial sector competition/performance. They also point to the presence of sca1e economies in the sector.

AB - We explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop an analytical model, highlighting links between long-run economic performance and services trade, through scale economies and market and cost structures in the financial services sector. This is folIowed by an econometric exercise based on data for 130 countries for the 1990s. Our resu1ts point to a strong positive relationship between financia1 sector competition/performance and financia1 sector openness (meaning foreign bank access to domestic markets), and between growth and financial sector competition/performance. They also point to the presence of sca1e economies in the sector.

UR - http://ideas.repec.org/p/dgr/uvatin/20020089.html

M3 - Other contribution

PB - Tinbergen Institute

ER -