Title :
Location Decisions of Foreign Banking in Shanghai
Author_Institution :
Sch. of Finance, Shanghai Inst. of Foreign Trade, Shanghai, China
Abstract :
This study examined the determinants of foreign bank location decisions in Shanghai markets over the period of 1990 to 2009. The growing foreign presence in Shanghai was found to be related to two different policy regimes: Pudong development area foreign enterprise clustering period after China opened Pudong, and "deposit-loan-match principle" implementing period after China joined WTO. The current location pattern was found to be correlated to deposit potential in each district. It is evident that the foreign bank location decisions were influenced by those of domestic banks while the reverse did not hold. These findings provide a valuable platform for theoretical modeling and further analysis.
Keywords :
banking; pattern clustering; Pudong development; Shanghai markets; WTO; deposit loan match principle; domestic banks; foreign bank location; foreign enterprise clustering; Banking; Cities and towns; Correlation; Economics; Estimation; Government; Reactive power; Deposit density; Foreign enterprise density; Panel VAR; Power law;
Conference_Titel :
Business Computing and Global Informatization (BCGIN), 2011 International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4577-0788-9
Electronic_ISBN :
978-0-7695-4464-9
DOI :
10.1109/BCGIn.2011.72
