The overseas assets and liabilities of UK banks account for over 50% of the overseas assets and liabilities of all UK residents and almost 50% of UK banks' total assets and liabilities. They are much larger than the overseas assets of banks in other developed countries. This paper adopts an...

This empirical paper investigates the impact of different sources of increasing returns on firm innovative behaviour in different regions of the uk. Of the different sources of increasing returns, the impact of intermediation and the emergence of specialised markets on the probability of...