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Author:Beck, T.
Title:Financial development and international trade: is there a link?
Journal:Journal of International Economics
2002 : JUN, VOL. 57:1, p. 107-131
Index terms:INTERNATIONAL TRADE
MANUFACTURING INDUSTRY
Freeterms:FINANCIAL DEVELOPMENT
Language:eng
Abstract:This paper explores a possible link between financial development and trade in manufactures. The theoretical model focuses on the role of financial intermediaries in facilitating large-scale, high-return projects and shows that economies with better-developed financial sectors have a comparative advantage in manufacturing industries.
SCIMA record nr: 233697
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