search query: @author Vlachos, J. / total: 4
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| Author: | Svaleryd, H. Vlachos, J. |
| Title: | Financial markets, the pattern of industrial specialization and comparative advantage: evidence from OECD countries |
| Journal: | European Economic Review
2005 : JAN, VOL. 49:1, p. 113-144 |
| Index terms: | Financial services Specialization Comparative advantage |
| Language: | eng |
| Abstract: | Due to underlying technological and organizational differences, industries differ in their need for external finance. Among OECD countries the authors find a strong causal effect of the financial sector on industrial specialization. Further, the financial sector is a source of comparative advantage in a way consistent with the Hecksher-Ohlin-Vanek model. |
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