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Banks and the world’s major financial centers, 1970–1980

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Zusammenfassung

Banken und die wichtigsten Finanzzentren der Welt 1970–1980. — Analysiert wird die Verflechtung von internationalen Finanzzentren, indem die geographische Streuung von Zweigstellen der grö\ten Banken zwischen 1970 und 1980 nÄher untersucht wird. Es zeigt sich, da\ sich die gegenseitigen Beziehungen der Zentren im Laufe der Zeit verstÄrkten. Bei der statistischen Analyse der gegenseitigen Durchdringung der Zentren stellt sich heraus, da\ die AttraktivitÄt eines Zentrums für die Banken entscheidend von der wirtschaftlichen Grö\e der Zentren abhÄngt und davon, wieviele Banken dort ansÄssig sind, da\ aber die Distanz zwischen den Zentren von geringer Bedeutung zu sein scheint. Es gibt auch Anzeichen sowohl für ein konkurrierendes als auch für ein kooperatives Verhalten von Banken.

Résumé

Banques et les centres financiers mondiaux les plus importants, 1970–1980. — Les auteurs analysent les interrelations des centres financiers mondiaux en examinant la structure géographique des offices des plus grandes banques mondiales en 1970 et 1980. Ils trouvent que les interrelations entre les centres ont augmenté pendant cette période. De plus ils utilisent des techniques statistiques pour analyser les déterminants de l’interpénétration des centres. Ils trouvent que la force d’attraction d’un centre pour les banques est bien figurée par la dimension de l’économie qu’elle représente ou par le nombre des banques qui se trouvent là pendant que la distance entre des centres semble avoir peu d’effet. Il y a aussi l’évidence pour un comportement de rivalité et de coopération entre des banques.

Resumen

Bancos y centros financieros más importantes, 1970–1980. — Analizamos la interdependencia entre los centros financieros del mundo observando la distributión geográfica de las oficinas de los bancos más importantes en 1970 y 1980. Encontramos que la interdependencia entre los centros ha aumentado en el período estudiado. Utilizando métodos estadísticos investigamos además las determinantes de la interrelación entre los centros. Concluímos que la atractividad de un centro para los bancos depende del tamaño de la economía en la que se encuentra o del nÚmero de bancos establecidos en él. La distancia entre los centros parece no influír mucho. También hay evidencia de un comportamiento competitivo o cooperativo por parte de los bancos.

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Authors
  1. Sang-Rim Choi
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  2. Adrian E. Tschoegl
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  3. Chwo-Ming Yu
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Choi, SR., Tschoegl, A.E. & Yu, CM. Banks and the world’s major financial centers, 1970–1980. Weltwirtschaftliches Archiv 122, 48–64 (1986). https://doi.org/10.1007/BF02706285

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