TY - RPRT U1 - Arbeitspapier A1 - Heuchemer, Sylvia A1 - Kleimeier, Stefanie A1 - Sander, Harald T1 - The geography of European cross-border banking : the impact of cultural and political factors N2 - We investigate the determinants of European banking market integration with a focus on the potentially limiting role of cultural and political factors. Employing a unique data set of European cross-border loans and deposits, the study uses various gravity models that are augmented by societal proxies. While trade-theoretic reasoning can explain part of the surge in cross-border banking, we demonstrate that distance and borders still matter in the geography of European cross-border banking. Moreover, we can identify cultural differences and different legal family origin as important barriers to integration. T3 - GLOBUS working paper - 2009,2 KW - Bank KW - Integration KW - Internationale Verflechtung KW - Darlehen KW - Cross-border loans KW - Cross-border deposits KW - Banking market integration KW - Gravity model KW - Culture KW - European single market Y1 - 2009 U6 - https://nbn-resolving.org/urn:nbn:de:101:1-201202154203 UN - https://nbn-resolving.org/urn:nbn:de:101:1-201202154203 ER -