Government Ownership of Banks, Institutions, and Financial Development

Svetlana Andrianova, Panicos Demetriades and Anja Shortland ()

No 11, WEF Working Papers from ESRC World Economy and Finance Research Programme, Birkbeck, University of London

Abstract: Using a suitably modified locational model of banking, we examine the influence of institutions, such as deposit contract enforcement, in explaining the share of government owned banks in the banking system. We present cross-country evidence suggesting that institutional factors are relatively more important determinants of the share of state banks than political or historical ones. We argue that rather than privatizing or subsidizing state banks governments in developing countries should build institutions that foster the development of private banking.

JEL-codes: D82 G21 G28 K42 (search for similar items in EconPapers)
Date: 2006-08
References: Add references at CitEc
Citations: View citations in EconPapers (19)

Downloads: (external link)
http://www.worldeconomyandfinance.org/working_pape ... per_PDFs/WEF0011.pdf (application/pdf)

Related works:
Journal Article: Government ownership of banks, institutions, and financial development (2008)
Working Paper: Government Ownership of Banks, Institutions, and Financial Development (2006)
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:wef:wpaper:0011

Access Statistics for this paper

More papers in WEF Working Papers from ESRC World Economy and Finance Research Programme, Birkbeck, University of London Contact information at EDIRC.
Bibliographic data for series maintained by Tim Byne ( this e-mail address is bad, please contact ).