英文文献:Financial Development and Geographic Isolation: Global Evidence-金融发展和地理隔离:全球证据
英文文献作者:Oasis Kodila-Tedika,Simplice Asongu,Matthias Cinyabuguma
英文文献摘要:
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.
我们利用海洋和航空运输技术出现前各国孤立程度的差异,评估了地理孤立与全球金融发展之间的关系。我们发现,史前的地理隔离有利于发展,因为它促成了当代各国在金融发展方面的差异。该关系对可供选择的样本、不同的估计技术、异常值和不同的条件信息集具有良好的鲁棒性。