Financial reforms and international trade

dc.creatorMunasib, Abdul
dc.creatorRoy, Devesh
dc.creatorChen, Xing
dc.date2014
dc.date2024-08-01T02:49:19Z
dc.date2024-08-01T02:49:19Z
dc.date.accessioned2026-06-27T15:35:49Z
dc.descriptionWe 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.
dc.identifierhttps://hdl.handle.net/10568/149385
dc.identifier.urihttp://hdl.handle.net/123456789/108944
dc.languageen
dc.publisherWalter de Gruyter GmbH
dc.rightsLimited Access
dc.sourceMunasib, 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
dc.subjectreforms
dc.subjecttrade
dc.subjectassets
dc.titleFinancial reforms and international trade
dc.typeJournal Article

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