Financial sector volatility, banking market structure and exports | |
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學年 | 100 |
學期 | 2 |
發表日期 | 2012-03-15 |
作品名稱 | Financial sector volatility, banking market structure and exports |
作品名稱(其他語言) | |
著者 | Lin, Pei-chien; Huang, Ho-chuan |
作品所屬單位 | 淡江大學產業經濟學系; 淡江大學財務金融學系 |
出版者 | Department of Industrial Economics, Tamkang University |
會議名稱 | |
會議地點 | |
摘要 | This paper assesses the impacts of financial sector volatility and banking market structure on industrial exports. By utilizing the specification of Rajan and Zingales (1998) on the cross-country, cross-industry data from Manova (2008), 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 so for those industries that are more external financially dependent. The findings are robust to a variety of sensitivity analysis, and thus lend support to the notion that a more stable and concentrated banking system is important to the exports of those industries that rely more on external finance. |
關鍵字 | financial development; financial sector volatility; banking market structure; exports |
語言 | en_US |
收錄於 | |
會議性質 | 國際 |
校內研討會地點 | 台北校園 |
研討會時間 | 20120315~20120316 |
通訊作者 | |
國別 | |
公開徵稿 | |
出版型式 | |
出處 | 2012 International conference on trade, industrial and regional economics, Taipei |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/75245 ) |