Information costs and regulatory barriers are the main distinguishing features of international financial markets as compared to national financial markets. This paper presents a simple model of the impact of these factors on banks' cross-border activities and provides empirical evidence. Our...

This study differentiates between the impacts of primary energy consumed and energy consumed in the power sector, on overall economic growth, to efficiently target the energy conservation policies. We employed Autoregressive Distributed Lag modeling to test the presence of a long run...