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Author:Svaleryd, H.
Vlachos, J.
Title:Markets for risk and openness to trade: how are they related?
Journal:Journal of International Economics
2002 : AUG, VOL. 57:2, p. 369-395
Index terms:FINANCIAL MARKETS
PANEL DATA
TRADE POLICY
Language:eng
Abstract:In this paper, the authors empirically address the hypothesis that there is a positive interdependence between financial development and liberal trade policies. They find a positive and economically significant relationship between the two, with causation running in both directions.
SCIMA record nr: 234680
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