關鍵字查詢 | 類別:期刊論文 | | 關鍵字:Banking market structure

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序號 學年期 教師動態
1 102/2 財金系 黃河泉 教授 期刊論文 發佈 Financial Sector Volatility, Banking Market Structure and Exports , [102-2] :Financial Sector Volatility, Banking Market Structure and Exports期刊論文Financial Sector Volatility, Banking Market Structure and ExportsLin, Pei-Chien; Huang, Ho-Chuan淡江大學產業經濟學系; 淡江大學財務金融學系Chichester: Wiley-Blackwell Publishing Ltd.The World Economy 37(10), p.1388-1409This paper assesses the impacts of financial sector volatility and banking market structure on industrial exports. By utilising the specification of Rajan and Zingales (American Economic Review 1998; 88, 559) on the cross-country, cross-industry data from Manova (Journal of International Economics 2008; 76, 33), we find that financial sector volatility, measured as the standard deviation of the growth of private credit, and banking market structure, measured as the share of the three largest banks’ assets in a country, respectively exert significantly negative and positive impacts on industrial exports, particularly for those industries that are more externally financially dependent. The findings are robust to a variety of
2 102/2 財金系 黃河泉 教授 期刊論文 發佈 Banking market structure, liquidity needs, and industrial growth volatility , [102-2] :Banking market structure, liquidity needs, and industrial growth volatility期刊論文Banking market structure, liquidity needs, and industrial growth volatilityHuang, Ho-Chuan (River), Fang, WenShwo, Miller, Stephen M.財務金融學系暨研究所Bank concentration;External liquidity;Financial development;Industrial growth volatilityJournal of Empirical Finance 26, pp.1-12While the existing literature acknowledges the effect of banking structure on industrial growth as well as the effect of financial development on industrial growth and its volatility, we examine whether banking structure, given financial development, exerts any nontrivial effect on industrial growth volatility. We show that bank concentration magnifies industrial growth volatility, but reduces the volatility in sectors with higher external liquidity needs. The reduction in industrial growth volatility mostly reflects the smoothing in the volatility of real value added per firm growth. A variety of sensitivity checks show that our findings re
3 102/2 產經系 林佩蒨 教授 期刊論文 發佈 Financial Sector Volatility, Banking Market Structure and Exports , [102-2] :Financial Sector Volatility, Banking Market Structure and Exports期刊論文Financial Sector Volatility, Banking Market Structure and ExportsLin, Pei-Chien; Huang, Ho-Chuan淡江大學產業經濟學系; 淡江大學財務金融學系Chichester: Wiley-Blackwell Publishing Ltd.The World Economy 37(10), p.1388-1409This paper assesses the impacts of financial sector volatility and banking market structure on industrial exports. By utilising the specification of Rajan and Zingales (American Economic Review 1998; 88, 559) on the cross-country, cross-industry data from Manova (Journal of International Economics 2008; 76, 33), we find that financial sector volatility, measured as the standard deviation of the growth of private credit, and banking market structure, measured as the share of the three largest banks’ assets in a country, respectively exert significantly negative and positive impacts on industrial exports, particularly for those industries that are more externally financially dependent. The findings are robust to a variety of
4 102/2 財金系 黃河泉 教授 期刊論文 發佈 Banking market structure, liquidity needs, and industrial growth volatility , [102-2] :Banking market structure, liquidity needs, and industrial growth volatility期刊論文Banking market structure, liquidity needs, and industrial growth volatilityHuang, Ho-Chuan (River); Fang, WenShwo; Miller, Stephen M.淡江大學財務金融學系Bank concentration; External liquidity; Financial development; Industrial growth volatilityAmsterdam: Elsevier BV * North-HollandJournal of Empirical Finance 26, pp.1-14While the existing literature acknowledges the effect of banking structure on industrial growth as well as the effect of financial development on industrial growth and its volatility, we examine whether banking structure, given financial development, exerts any nontrivial effect on industrial growth volatility. We show that bank concentration magnifies industrial growth volatility, but reduces the volatility in sectors with higher external liquidity needs. The reduction in industrial growth volatility mostly reflects the smoothing in the volatility of real value added per firm growth. A variety of sens
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