Chang, Yuanchen; Hung, Mao-Wei; Lu, Chiuling - In: Applied Financial Economics 15 (2005) 11, pp. 809-819
This paper assesses the importance of financial development and R&D spending for exports using both a theoretical model and econometric testing. It is shown that financial development and R&D expenditures are positively related to exports and the balance of manufactured goods. The results...
