Abstract

http://ssrn.com/abstract=1275224
 
 

References (33)



 
 

Citations (11)



 


 



International Investment in Financial Services


Fariborz Moshirian


University of New South Wales (UNSW) - Institute of Global Finance, Australian School of Business

September 29, 2008

Journal of Banking and Finance, Vol. 25, No. 2, 2001

Abstract:     
This paper analyzes and models the significant components of international trade in financial services, namely, foreign direct investment in banking for the US, the UK and Germany. It distinguishes between banks' activities abroad and FDI in banking by banks and non-banks. A model for FDI in banking is proposed which contains certain explanatory variables peculiar to FDI in banking as compared to FDI in manufacturing. The components of the model of FDI in banking is different from those models designed to explain banks activities abroad. The empirical results of this study of FDI in banking indicate that bilateral trade, banks' foreign assets, the cost of capital, relative economic growth, exchange rates and FDI in non-finance industries are the major determinants of foreign investment in banking.

Number of Pages in PDF File: 21

Keywords: FDI in Banking, Financial Services, Data in FDI in Banking

JEL Classification: G15, G25

Accepted Paper Series





Download This Paper

Date posted: September 29, 2008 ; Last revised: January 12, 2009

Suggested Citation

Moshirian, Fariborz, International Investment in Financial Services (September 29, 2008). Journal of Banking and Finance, Vol. 25, No. 2, 2001. Available at SSRN: http://ssrn.com/abstract=1275224

Contact Information

Fariborz Moshirian (Contact Author)
University of New South Wales (UNSW) - Institute of Global Finance, Australian School of Business ( email )
Sydney, NSW 2052
Australia
+61 2 93855859 (Phone)
+61 2 94877519 (Fax)

Feedback to SSRN


Paper statistics
Abstract Views: 615
Downloads: 166
Download Rank: 108,661
References:  33
Citations:  11

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo7 in 0.297 seconds