Financial development and international trade : is there a link? /

Financial development and international trade : is there a link? /

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Bibliographic Details
Author / Creator:Beck, Thorsten.
Imprint:Washington, D.C. : World Bank, Finance, Development Research Group, [2001]
Description:35 p. ; 28 cm.
Language:English
Series:Policy research working paper ; 2608
Policy research working papers ; 2608.
Subject:
Economies of scale -- Econometric models.
Comparative advantage (International Trade) -- Econometric models.
Manufactures -- Econometric models.
Exports -- Econometric models.
Comparative advantage (International trade) -- Econometric models.
Economies of scale -- Econometric models.
Exports -- Econometric models.
Manufactures -- Econometric models.
Format: E-Resource Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/4450572
Hidden Bibliographic Details
Other authors / contributors:World Bank. Development Research Group. Finance.
Notes:"May 2001"--Cover.
Includes bibliographical references (p. 27-30).
Also available on the World Wide Web.
Summary:Economies with better developed financial sectors have a comparative advantage in manufacturing industries. A two-sector model shows the sector with large scale economies profiting more than the other from a well-developed financial sector. In countries with higher levels of financial development, manufactured exports represent a higher share of GDP and of merchandise exports, and those countries have a higher trade balance in manufactured goods.

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