| Interactions between financial development and trade openness | |
|---|---|
| 學年 | 100 |
| 學期 | 1 |
| 出版(發表)日期 | 2011-09-01 |
| 作品名稱 | Interactions between financial development and trade openness |
| 作品名稱(其他語言) | |
| 著者 | Kim, Dong-Hyeon; Lin, Shu-Chin; Suen, Yu-Bo |
| 單位 | 淡江大學經濟學系 |
| 出版者 | Chichester: Wiley-Blackwell Publishing Ltd. |
| 著錄名稱、卷期、頁數 | Scottish Journal of Political Economy 58(4), pp.567-588 |
| 摘要 | This paper empirically investigates the interaction between financial development and trade openness through simultaneous-equation systems. The identification and estimation of the systems rely on the methodology of identification through heteroskedasticity proposed by Rigobon (2003). Using a panel consisting of 70 countries over the period 1960–2007, we find a two-way causal relationship between financial development and trade openness. A better-developed financial sector induces higher openness to trade, while higher openness in goods market stymies financial development. And such findings hold well for low-income, high-inflation, or low-governance countries. |
| 關鍵字 | |
| 語言 | en |
| ISSN | 1467-9485 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | 是 |
| 國別 | GBR |
| 公開徵稿 | |
| 出版型式 | 電子版 紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/99150 ) |