Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/149938
Authors: 
Kodila-Tedika, Oasis
Asongu, Simplice
Cinyabuguma, Matthias
Year of Publication: 
2016
Series/Report no.: 
AGDI Working Paper WP/16/014
Abstract: 
Using cross-country differences in the degree of isolation before the advent of technologies in sea and air transportation, we assess the relationship between geographic isolation and financial development across the globe. We find that pre-historic geographical isolation has been beneficial to development because it has contributed to contemporary cross-country differences in financial development. The relationship is robust to alternative samples, different estimation techniques, outliers and varying conditioning information sets.
Subjects: 
Financial development
Isolation
Agglomeration
Globalization
JEL: 
F15
G15
N7
O16
O50
Document Type: 
Working Paper

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