论文信息 - Financial Liberalization and the Relationship-Specificity of Exports

Financial Liberalization and the Relationship-Specificity of Exports

We investigate the causal impact of equity market liberalizations on sectoral export performance across 91 countries (1980–1997). The increased availability of external finance has boosted trade of industries that intensively use relationship-specific inputs, and lowered exports of industries using standardized inputs.

Jens Suedekum | Fabrice Defever | Jens Suedekum | Fabrice Defever

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