Financial Development and Dual Margin of China Manufacturing Export Growth

Lei Chen ； Wen-Qiao Qu

《管理科學與統計決策》 8卷2期 (2011/06) Pp. 40-55

https://doi.org/10.6704/JMSSD.2011.8.2.40

並列摘要

We use a database of China's exports at fine level of industry in region ,as well as several indicators of financial development, to test for an dual margin impact of finance on trade patterns. We find evidence that financially developed regions export greater volumes in high-finance-dependent and low availability of tangible assets sectors after controlling factor endowments and infrastructure conditions. The results remained robust after selecting IV to overcome endogenous issue.

並列關鍵字

Financial Development ； Export Dual Margin ； External Financial Dependence

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