Some Aspects of the Geography of Finance in Canada

Kerr, Donald

doi:10.1111/j.1541-0064.1965.tb00825.x

Cited by 18 publications

(12 citation statements)

References 2 publications

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“…The purpose of this paper is to build on the work of these authors by empirically estimating the importance of a few basic economic forces affecting the 'geography of finance' as it was described by KERR, 1965. Specifically, we present cross-section results on the determinants of the level of national and international financial activity in thirty US states and the District of Columbia in 1984.2 We show that a large portion of the spatial variation in the level of financial activity in the US can be explained by surprisingly few variables.…”

Section: Internationale Tatigkeit Auf Finanziellem Gebiet Raumlichmentioning

confidence: 99%

The Location of International Financial Activity: An Interregional Analysis

1989

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1989) The location ofinternational financial activity: an interregional analysis, Reg. Studies 23, 1-7. This paper examines the determinants of the spatial distribution of financial activity. The determinants ofthe sizes ofthe financial services sector are estimated using data for a sample ofUS states. Although our analysis is limited by the availability ofdata, the results are strong and clear. The level ofinternational financial activity is positively and significantly related to per capita income, the level of imports, and the number of corporate headquarters. The results indicate that international trade is intensive in its use of financial services and that financial services tends to be exported along with goods. International financial activity Spatial US states Bank deposits Location GOLDBERG M. A., HELSLEY R. W. et LEVI M. D . (1989) La localisation des operations financieres internationales: une analyse interregionale, Reg. Studies 23, 1-7. Cet article examine les determinants de la distribution giographique des operations financieres. A partir des donnCes relatives 1 un echantillonnage des etats aux E-U on evalue les determinants de l'importance du secteur des services financiers. Bien que l'analyse soit limitee en fonction des donnees disponibles, les resultats sont puissants et clairs. L'ampleur des operations financieres internationales se rapporte de faqon positive et sensible au revenu par tCte, i l'importance des importations et au nombre de sieges, les resultats laissent supposer que le commerce international necessite une utilisation intensive des services financiers, et que les operations financieres ont tendance 1 Ctre exporttes aussi bien que les biens d'exportation.

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Section: Internationale Tatigkeit Auf Finanziellem Gebiet Raumlichmentioning

confidence: 99%

The Location of International Financial Activity: An Interregional Analysis

1989

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“…Recent studies have indicated that the region is more vulnerable to climate change than any other part of Canada (Deng et al, 2016;Mailhot et al, 2012). Furthermore, Southern Ontario is one of the prominent economic hubs, with the largest population concentration in Canada (Bourne and Simmons, 2003;Kerr, 1965;Partridge et al, 2007). In this context, we explore a robust statistical framework to evaluate possible nonstationary trends, analyse the frequency of urban precipitation extremes, and assess the risk of severe rain-induced urban flooding in Southern Ontario (Table 1).…”

Section: Introductionmentioning

confidence: 99%

Does nonstationarity in rainfall require nonstationary intensity–duration–frequency curves?

Ganguli

Coulibaly

2017

Hydrol. Earth Syst. Sci.

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Abstract. In Canada, risk of flooding due to heavy rainfall has risen in recent decades; the most notable recent examples include the July 2013 storm in the Greater Toronto region and the May 2017 flood of the Toronto Islands. We investigate nonstationarity and trends in the short-duration precipitation extremes in selected urbanized locations in Southern Ontario, Canada, and evaluate the potential of nonstationary intensity-duration-frequency (IDF) curves, which form an input to civil infrastructural design. Despite apparent signals of nonstationarity in precipitation extremes in all locations, the stationary vs. nonstationary models do not exhibit any significant differences in the design storm intensity, especially for short recurrence intervals (up to 10 years). The signatures of nonstationarity in rainfall extremes do not necessarily imply the use of nonstationary IDFs for design considerations. When comparing the proposed IDFs with current design standards, for return periods (10 years or less) typical for urban drainage design, current design standards require an update of up to 7 %, whereas for longer recurrence intervals (50-100 years), ideal for critical civil infrastructural design, updates ranging between ∼ 2 and 44 % are suggested. We further emphasize that the above findings need re-evaluation in the light of climate change projections since the intensity and frequency of extreme precipitation are expected to intensify due to global warming.

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“…The work of Howard Reed [1981], which we discuss below, is a notable exception. This paper presents several empirical studies of the economic determinants of the "geography of finance" as it was described by Kerr [1965]. The analysis proceeds on three levels.…”

Section: Introductionmentioning

confidence: 99%