Los von London
A comparative, empirical analysis of German and British global foreign banking and trade development, 1881-1913
Bibliographic Data
| ID | 3479786 |
|---|---|
| Authors | Wilfried Kisling (0000-0003-4571-9142, Wirtschaftsuniversität Wien Institute for Economic and Social History, corresponding author) |
| Year | 2023 |
| Volume | 76 |
| Issue | 2 |
| Pages | 445-476 |
| Publication date | 2023-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic History Review (JOURNAL) |
| Journal identifiers | ISSN: 0013-0117 • E-ISSN: 1468-0289 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ehr.13200 |
| OpenAlex | W4306742281 |
| Language | EN |
| Citations received | 3 |
| References cited | 26 |
The role of finance in the development of trade draws increasing attention from economists and economic historians. Yet empirical studies, especially from an historical perspective, continue to be scarce. This study analyses the role of German and British foreign banks in the internationalisation of trade during the first globalisation. It creates a novel data set on the bilateral trade of Germany and Great Britain with the rest of the world and the number and geographical distribution of German and British foreign banks between 1881 and 1913. Using an augmented gravity model of trade, the article shows that banks had a significant positive impact on exports and imports and that this effect was even more pronounced in case of German banks and trade. Moreover, the effect of German banks on trade is the highest in the years closer to bank entry, supporting the idea of German banks being initiators of trade. In contrast, the effect of British banks seems constant over time
Economics · Economy · Geography · German · Globalization · Gravity model of trade · International economics · International trade · Internationalization · Market economy · Global Financial Crisis and Policies · Global trade and economics · Historical Economic and Social Studies
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Gravity with Gravitas
The Log of Gravity
Financial geography and access as determinants of exports
Credit markets and patterns of international trade
The Financing of Industry and Trade
The Fight for Financial Supremacy
British Overseas Banking in Latin America and the Encroachment of German Competition, 1887–1914
Handbook of world exchange rates, 1590–1914
Britain's Overseas Investments in 1914 Revisited
Effects of Bilateralism and the MFN Clause on International Trade
German Informal Imperialism in South America before 1914
Banks as Multinationals
Finance, Trade, and Politics in British Foreign Policy, 1815-1914
TheMaddisonProject
| Unique citing works | 3 |
|---|---|
| Citations per year | 3 |
| Citation span | 2025 - 2026 (2) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 3 |