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Heterogeneous bank regulatory standards and the cross-border supply of financial services

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  • Bouvatier, Vincent

Abstract

This paper investigates whether the differences in bank regulatory standards matter for the cross-border supply of financial services. A gravity model of the bilateral exports of financial services is implemented to assess the impact of various factors that measure cross-country differences in the bank regulatory standards. The results show that cross-country heterogeneity in private monitoring impedes the export of financial services. However, this effect remains limited compared to the effect of direct trade barriers.

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  • Bouvatier, Vincent, 2014. "Heterogeneous bank regulatory standards and the cross-border supply of financial services," Economic Modelling, Elsevier, vol. 40(C), pages 342-354.
    • Handle: RePEc:eee:ecmode:v:40:y:2014:i:c:p:342-354
    DOI: 10.1016/j.econmod.2014.04.013
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    9. Delatte, Anne-Laure & Bouvatier, Vincent, 2014. "International Banking: the Isolation of the Euro Area," CEPR Discussion Papers 10264, C.E.P.R. Discussion Papers.
    10. Kleimeier, Stefanie & Sander, Harald, 2022. "Twenty years with the Euro: Eurozone banking market integration revisited," Economic Modelling, Elsevier, vol. 114(C).

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