[FAM-news] [Noeg-l] wiiw Seminar International Economics (fwd)

Andreas Schamanek schamane at fam.tuwien.ac.at
Mon Nov 15 19:13:10 CET 2004


---------- Forwarded message ----------
From: Walter Schachermayer <wschach at fam.tuwien.ac.at>
---------- Forwarded message ----------
From: Sabine Grob <grob at wiiw.ac.at>
Subject: [Noeg-l] wiiw Seminar International Economics
Date: Mon, 15 Nov 2004 14:36:59 +0100

Dear Colleagues,

We apologize for the previous announcement with a wrong date.
The next wiiw Seminar in International Economics
will be this week:

Friday, November 19th, 2004 at 1 pm
wiiw Seminarraum, Oppolzergasee 6, 1010 Wien, 2nd floor


Felix Eschenbach

Sciences Po, Paris

Financial Sector Competition, International Trade in Financial Services,
and Economic Growth

joint paper with Joseph Francois (Erasmus University Rotterdam)

Abstract:
We explore dynamic linkages between financial/banking sector openness,
financial sector competition, and growth. We first develop a model
highlighting links between long-run economic performance and services
trade, through scale economies and market and cost structures in the
financial services sector. This is followed by an econometric exercise
based on data for 130 countries for the 1990s. Our results point to a
strong positive relationship between financial sector competition
/performance and financial sector openness (meaning foreign bank
access to domestic markets), and between growth and financial sector
competition/performance. They also point to the presence of scale
economies in the sector.

Keywords: financial services trade, service trade and imperfect
competition, trade in services and growth, financial competition
JEL codes: F40, F13, F43, G15

We cordially invite to this talk!
Julia Wörz

Sabine Grob

The Vienna Institute for International Economic Studies (wiiw)
Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw)
A-1010 Vienna, Oppolzergasse 6
( Tel: +43 1 533 66 10 - 40,   4 Fax: +43 1 533 66 10 - 50
, e-mail: grob at wiiw.at
wiiw Homepage: www.wiiw.at



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