Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/128927
Authors: 
Hahn, Franz R.
Year of Publication: 
2011
Series/Report no.: 
WIFO Working Papers 392
Abstract: 
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.
Subjects: 
panel econometric analysis
spatial econometric analysis
cross-border bank lending
institutions
neoclassical economics
Document Type: 
Working Paper

Files in This Item:
File
Size
594.84 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.