Financial development and international trade: is there a link?

Economies with better developed financial sectors have a comparative advantage in manufacturing industries. A two-sector model shows the sector with large scale economies profiting more than the other from a well-developed financial sector. In countries with higher levels of financial development, m...

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Bibliographic Details
Main Author: Beck, Thorsten 1967- (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C World Bank, Finance, Development Research Group 2001
Series:Policy research working paper 2608
Subjects:
Online Access:Volltext
Summary:Economies with better developed financial sectors have a comparative advantage in manufacturing industries. A two-sector model shows the sector with large scale economies profiting more than the other from a well-developed financial sector. In countries with higher levels of financial development, manufactured exports represent a higher share of GDP and of merchandise exports, and those countries have a higher trade balance in manufactured goods
Item Description:"May 2001"--Cover. - Includes bibliographical references (p. 27-30). - Title from title screen as viewed on Sept. 09, 2002
Erscheinungsjahr in Vorlageform:[2001]
Weitere Ausgabe: Beck, Thorsten : Financial development and international trade
Physical Description:1 Online-Ressource (35 Seiten)