Financial Development and Sustainable Exports: Evidence from Firm-product Data
(2015) In World Economy 38(7). p.1090-1114- Abstract
- We combine a novel measure of export-related financial needs at the product level with a unique database of firm-product export data (including names of the exporting firms) from five developing countries. Using the tools of survival analysis and taking into account firms’ and products’ heterogeneity, we then examine the impact of financial development on the long-term trade. Finance matters for sustainable export performance,
as goods with higher export-related financial needs disproportionately
benefit from better financial development. Our results complement existing literature on finance and trade, which has relied on production-based measures of financial dependence at the industry or firm level.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/4857504
- author
- Jaud, Melise ; Kukenova, Madina and Strieborny, Martin LU
- organization
- publishing date
- 2015
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- finance and trade, export survival, agri-food trade, SPS regulation
- in
- World Economy
- volume
- 38
- issue
- 7
- pages
- 1090 - 1114
- publisher
- Wiley-Blackwell
- external identifiers
-
- wos:000357989600004
- scopus:84936994211
- ISSN
- 1467-9701
- DOI
- 10.1111/twec.12224
- language
- English
- LU publication?
- yes
- id
- 5c802f5b-b004-46a1-abc6-50549d6e4501 (old id 4857504)
- alternative location
- http://onlinelibrary.wiley.com/doi/10.1111/twec.12224/abstract
- date added to LUP
- 2016-04-01 10:28:09
- date last changed
- 2022-03-04 19:52:59
@article{5c802f5b-b004-46a1-abc6-50549d6e4501,
abstract = {{We combine a novel measure of export-related financial needs at the product level with a unique database of firm-product export data (including names of the exporting firms) from five developing countries. Using the tools of survival analysis and taking into account firms’ and products’ heterogeneity, we then examine the impact of financial development on the long-term trade. Finance matters for sustainable export performance,<br/><br>
as goods with higher export-related financial needs disproportionately<br/><br>
benefit from better financial development. Our results complement existing literature on finance and trade, which has relied on production-based measures of financial dependence at the industry or firm level.}},
author = {{Jaud, Melise and Kukenova, Madina and Strieborny, Martin}},
issn = {{1467-9701}},
keywords = {{finance and trade; export survival; agri-food trade; SPS regulation}},
language = {{eng}},
number = {{7}},
pages = {{1090--1114}},
publisher = {{Wiley-Blackwell}},
series = {{World Economy}},
title = {{Financial Development and Sustainable Exports: Evidence from Firm-product Data}},
url = {{http://dx.doi.org/10.1111/twec.12224}},
doi = {{10.1111/twec.12224}},
volume = {{38}},
year = {{2015}},
}