Financial development and international trade
Subtitle: is there a link?
By: Thorsten Beck.
Contributors: World Bank. Development Research Group. Finance.
Series: Policy research working paper ;; 2608; Policy research working papers (Online) ;; 2608.
Publisher: World Bank, Finance, Development Research Group
Published: 2001
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Economies of scale -- Econometric models.; Comparative advantage (International trade) -- Econometric models.; Manufactures -- Econometric models.; Exports -- Econometric models.
Description: 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.
Notes: Also available in print.
Includes bibliographical references (p. 27-30).
Title from title screen as viewed on Sept. 09, 2002.
"May 2001"--Cover.
Mode of access: World Wide Web.