Financial liberalization and the relationship-specificity of exports
We investigate the causal impact of equity market liberalizations on sectoral export performance across 91 countries (1980–1997). The increased availability of external finance has boosted trade of industries that intensively use relationship-specific inputs, and lowered exports of industries using...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2014
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| Online Access: | http://eprints.nottingham.ac.uk/34310/ http://eprints.nottingham.ac.uk/34310/ http://eprints.nottingham.ac.uk/34310/ http://eprints.nottingham.ac.uk/34310/2/DefeverSuedekum2013_Liberalization_and_RelationshipSpecificity.pdf |