The Influences Affecting French Assets Abroad Prior 1914
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 which combines microeconomic and econometric approaches, we show that the geographic distribution of French financial flows was consistent with rational economic behavior.
Year of publication: |
2005
|
---|---|
Authors: | Parent, Antoine ; Rault, Christophe |
Institutions: | Centre d'Études des Politiques Économiques (EPEE), Université d'Évry Val d'Essonne |
Saved in:
freely available
Saved in favorites
Similar items by person
-
The Balassa-Samuelson Effect in Central and Eastern Europe: Myth or Reality?
Égert, Balázs, (2005)
-
Further Results on Weak-Exogeneity in Vector Error Correction Models
Rault, Christophe, (2005)
-
Drine, Imed, (2005)
- More ...