Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/80670
Authors: 
Defever, Fabrice
Suedekum, Jens
Year of Publication: 
2013
Series/Report no.: 
IZA Discussion Paper 7479
Abstract: 
We investigate the causal impact of equity market liberalizations in the period 1980-1997 on sectoral export performance across 91 countries. The increased availability of external finance has boosted trade of industries that intensively use relationship-specific inputs, and lowered exports of industries using standardized inputs.
Subjects: 
financial liberalization
credit constraints
relationship-specificity
international trade
JEL: 
F14
F36
G20
Document Type: 
Working Paper

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