Based on a sample of 14 Central, Eastern and Southeastern European (CESEE) countries during the period between 1995 and 2015, we analyse how foreign-owned banks and foreign trade impact economic growth. To date, studies have concentrated on the interlinkages between different forms of foreign bank presence (cross-border flows, branches, subsidiaries and syndicated loans) and the scale of foreign trade (imports and exports). Our approach is novel because we analyse the impact of the similarity between the geographical structures of foreign-owned banks and foreign trade on economic growth. We find that this similarity is not conducive to economic growth and reduces the benefits of a country’s openness to trade.

Iwanicz-Drozdowska, M., Bongini, P., Smaga, P., & Witkowski, B. (2020). Foreign-owned banks and foreign trade in CESEE countries–a growth-enhancing duo?. APPLIED ECONOMICS LETTERS, 27(4), 325-328 [10.1080/13504851.2019.1616050].

Foreign-owned banks and foreign trade in CESEE countries–a growth-enhancing duo?

Bongini P.;
2020

Abstract

Based on a sample of 14 Central, Eastern and Southeastern European (CESEE) countries during the period between 1995 and 2015, we analyse how foreign-owned banks and foreign trade impact economic growth. To date, studies have concentrated on the interlinkages between different forms of foreign bank presence (cross-border flows, branches, subsidiaries and syndicated loans) and the scale of foreign trade (imports and exports). Our approach is novel because we analyse the impact of the similarity between the geographical structures of foreign-owned banks and foreign trade on economic growth. We find that this similarity is not conducive to economic growth and reduces the benefits of a country’s openness to trade.
Articolo in rivista - Articolo scientifico
Scientifica
Economic growth; foreign trade; foreign-owned banks; post-communist economies
English
Iwanicz-Drozdowska, M., Bongini, P., Smaga, P., & Witkowski, B. (2020). Foreign-owned banks and foreign trade in CESEE countries–a growth-enhancing duo?. APPLIED ECONOMICS LETTERS, 27(4), 325-328 [10.1080/13504851.2019.1616050].
Iwanicz-Drozdowska, M; Bongini, P; Smaga, P; Witkowski, B
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/10281/270664
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