Financial reforms and international trade

dc.creatorChen, Xing
dc.creatorMunasib, Abdul
dc.creatorRoy, Devesh
dc.date2012
dc.date2024-10-01T13:58:03Z
dc.date2024-10-01T13:58:03Z
dc.date.accessioned2026-06-27T14:56:04Z
dc.descriptionThis research has been undertaken to estimate the effects of one of the major impediments to trade particularly of developing and less developed countries meaning credit constraints. In this paper we address the issue of easing of financial constraints on trade flows. Financial repression is generally a common characteristic across many developing countries. We provide evidence that financial reforms (over the period 1976–2005) significantly affected exports, in particular of industries with high external capital dependence and low asset tangibility. The coverage of reforms is comprehensive, encompassing the banking sector, interest rates, and equity and international capital markets. Our methodology improves upon existing studies by controlling for time-varying unobserved exporter characteristics.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/153863
dc.identifier.urihttp://hdl.handle.net/123456789/89842
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.rightsOpen Access
dc.sourceChen, Xing; Munasib, Abdul; Roy, Devesh. 2012. Financial reforms and international trade. IFPRI Discussion Paper 1182. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/153863
dc.subjectfinancial reforms
dc.subjectassets
dc.subjectevents
dc.subjecttrade
dc.subjectdeveloping countries
dc.subjectexports
dc.subjecteconomic aspects
dc.subjecttime use patterns
dc.titleFinancial reforms and international trade
dc.typeWorking Paper

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