European Financial Integration Reconsidered―Distance Matters―

Mechthild Schrooten (University of Applied Science Bremen, Germany)

要旨Abstract

　All direct legal barriers of cross-border banking and investment activities have been abolished in Europe. Using a new data set, we take a closer look at the determinants of intra-European portfolio investment activities. It becomes clear that distance has remained important for cross-border investments within the euro zone.

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書誌情報Bibliographic information

Vol. 58, No. 4, 2007 , pp. 314-322
HERMES-IR（一橋大学機関リポジトリ）: https://hdl.handle.net/10086/20320