کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
990704 1481174 2013 15 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The Economic Growth Effect of Offshore Banking in Host Territories: Evidence from the Caribbean
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
The Economic Growth Effect of Offshore Banking in Host Territories: Evidence from the Caribbean
چکیده انگلیسی

SummaryFollowing the success of renowned Caribbean offshore centers, several small islands have enacted offshore banking policies as a strategy for increasing economic growth. Several empirical studies have assessed the growth effect of such policies, but none accounts for sector size when estimating its growth impact. This study contributes to this literature by estimating the magnitude of offshore activity in each territory, and using this estimate as a continuous variable in an economic growth model. The results provide support for the hypothesis that facilitating offshore banking stimulates economic growth in host islands, and that the benefit is proportional to sector size.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: World Development - Volume 44, April 2013, Pages 165–179
نویسندگان
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