This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...

The aim of this study is to examine the determinants of international banking. In doing so, it utilizes data from the Bank of International Settlements (BIS). In particular, the primal variable of interest is drawn from BIS Consolidated Statistics and refers to banks' foreign claims. is defined...