Financial liberalization and the relationship-specificity of exports

Fabrice Defever; Jens Suedekum

We investigate the causal impact of equity market liberalizations on sectoral export performance across 91 countries (1980 - 1997). The increased availability of external finance has boosted trade of industries that intensively use relationship-specific inputs, and lowered exports of industries using standardized inputs.

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Year of publication:	2013
Authors:	Defever, Fabrice ; Südekum, Jens
Publisher:	Düsseldorf : DICE
Subject:	Financial liberalization \| credit constraints \| relationship-specificity \| international trade \| Finanzmarktregulierung \| Financial market regulation \| Handelsliberalisierung \| Trade liberalization \| Welt \| World

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Extent:	Online-Ressource (8, 1 S.)
Series:	DICE discussion paper. - Düsseldorf, Germany : düsseldorf university press, ISSN 2190-9938, ZDB-ID 2578649-0. - Vol. 124
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
ISBN:	978-3-86304-123-6
Other identifiers:	hdl:10419/88552 [Handle]
Classification:	F14 - Country and Industry Studies of Trade ; F36 - Financial Aspects of Economic Integration ; G20 - Financial Institutions and Services. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010213485