Financial reforms and international trade
We provide evidence that financial reforms (over 1976–2005) significantly affected exports, in particular, of industries with higher external capital dependence and low asset tangibility. The coverage of reforms is comprehensive, encompassing the banking sector, interest rates, equity and internatio...
| Autores principales: | , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Walter de Gruyter GmbH
2014
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/149385 |
| _version_ | 1855536786406637568 |
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| author | Munasib, Abdul Roy, Devesh Chen, Xing |
| author_browse | Chen, Xing Munasib, Abdul Roy, Devesh |
| author_facet | Munasib, Abdul Roy, Devesh Chen, Xing |
| author_sort | Munasib, Abdul |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | We provide evidence that financial reforms (over 1976–2005) significantly affected exports, in particular, of industries with higher external capital dependence and low asset tangibility. The coverage of reforms is comprehensive, encompassing the banking sector, interest rates, equity and international capital markets. Our methodology improves upon existing studies by controlling for time-varying unobserved exporter characteristics and unobserved country-specific industry characteristics. We find significant effects of various reforms with diverse impacts by intensity. Further, event studies that incorporate possible anticipated and lagged effects of commencement of reform policies confirm the findings. |
| format | Journal Article |
| id | CGSpace149385 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | Walter de Gruyter GmbH |
| publisherStr | Walter de Gruyter GmbH |
| record_format | dspace |
| spelling | CGSpace1493852024-10-25T08:04:30Z Financial reforms and international trade Munasib, Abdul Roy, Devesh Chen, Xing reforms trade assets We provide evidence that financial reforms (over 1976–2005) significantly affected exports, in particular, of industries with higher external capital dependence and low asset tangibility. The coverage of reforms is comprehensive, encompassing the banking sector, interest rates, equity and international capital markets. Our methodology improves upon existing studies by controlling for time-varying unobserved exporter characteristics and unobserved country-specific industry characteristics. We find significant effects of various reforms with diverse impacts by intensity. Further, event studies that incorporate possible anticipated and lagged effects of commencement of reform policies confirm the findings. 2014 2024-08-01T02:49:19Z 2024-08-01T02:49:19Z Journal Article https://hdl.handle.net/10568/149385 en Limited Access Walter de Gruyter GmbH Munasib, Abdul; Roy, Devesh; and Chen, Xing. 2014. Financial reforms and international trade. The B.E. Journal of Economic Analysis & Policy 14(4): 1237 - 1281. https://doi.org/10.1515/bejeap-2013-0104 |
| spellingShingle | reforms trade assets Munasib, Abdul Roy, Devesh Chen, Xing Financial reforms and international trade |
| title | Financial reforms and international trade |
| title_full | Financial reforms and international trade |
| title_fullStr | Financial reforms and international trade |
| title_full_unstemmed | Financial reforms and international trade |
| title_short | Financial reforms and international trade |
| title_sort | financial reforms and international trade |
| topic | reforms trade assets |
| url | https://hdl.handle.net/10568/149385 |
| work_keys_str_mv | AT munasibabdul financialreformsandinternationaltrade AT roydevesh financialreformsandinternationaltrade AT chenxing financialreformsandinternationaltrade |