The Influences Affecting French Assets Abroad Prior To 1914

Antoine Parent and Christophe Rault

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: In this study we show that French foreign investment from the end of the nineteenth century until the eve of the First World War was driven by economic and financial considerations. This refutes the hitherto accepted thesis that French capital exports were motivated by diplomatic and political factors. By using economic modeling that combines microeconomic and econometric approaches, we show that the geographic distribution of French financial flows was consistent with rational economic behavior.

Keywords: French capital exports; Political factors (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (14)

Published in Journal of Economic History, 2004, 64 (2), pp.328-362. ⟨10.1017/S0022050704002724⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: The Influences Affecting French Assets Abroad Prior 1914 (2005)
Journal Article: The Influences Affecting French Assets Abroad Prior to 1914 (2004)
Working Paper: The Influences Affecting French Assets Abroad Prior To 1914 (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-00278982

DOI: 10.1017/S0022050704002724

Access Statistics for this paper

More papers in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL
Bibliographic data for series maintained by CCSD ().