Please use this identifier to cite or link to this item:
|Title:||Finance and trade: A cross-country empirical analysis on the impact of financial development and asset tangibility on international trade|
|Authors:||Hur, J. |
external finance dependence
|Citation:||Hur, J., Raj, M., Riyanto, Y.E. (2006-10). Finance and trade: A cross-country empirical analysis on the impact of financial development and asset tangibility on international trade. World Development 34 (10) : 1728-1741. ScholarBank@NUS Repository. https://doi.org/10.1016/j.worlddev.2006.02.003|
|Abstract:||This paper investigates the interplay between financial development, asset tangibility, and international trade. Using industry-level data on firms' dependence on external finance and firms' asset tangibility for 27 industries in 42 countries, we find that economies with higher levels of financial development have higher export shares and trade balance in industries with more intangible assets. Using the same dataset, we also show that the interplay between property-rights protection and asset tangibility influences the pattern of trade. Higher levels of property-rights protection lead to higher export shares and trade balance in industries with more intangible assets. © 2006 Elsevier Ltd. All rights reserved.|
|Source Title:||World Development|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Jul 14, 2018
WEB OF SCIENCETM
checked on Jul 4, 2018
checked on May 10, 2018
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.