Foreign Banks and Trade : Bridging the Information Gap?
Foreign banks can play an important role in facilitating international trade. Most research has focused on the financing role banks can play, but less is known about the information role. This paper estimates a gravity model using sub-regional data...
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| Format: | Working Paper |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/758541487079872870/Foreign-banks-and-trade-bridging-the-information-gap http://hdl.handle.net/10986/26134 |
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okr-10986-261342021-06-08T14:42:47Z Foreign Banks and Trade : Bridging the Information Gap? De Nicola, Francesca Tan, Shawn W. foreign banking trade credit constraints regional development trade finance export competitiveness information Foreign banks can play an important role in facilitating international trade. Most research has focused on the financing role banks can play, but less is known about the information role. This paper estimates a gravity model using sub-regional data from Turkey between 2002 and 2010 to explore whether foreign banks promote trade through the information channel. The presence of a foreign banks from a trade partner promote the exports of the sub-region. In addition, the analysis finds that the footprint of these foreign banks matters more for exports than the presence of these banks and the level of financial development of the sub-region. Banks from countries neighboring trade partners can also decrease exports. When taking into account financial conditions and examining the differential impacts during the recent financial crisis, the analysis finds that the footprint of foreign banks has the largest impact on trade. 2017-02-22T21:47:52Z 2017-02-22T21:47:52Z 2017-02 Working Paper http://documents.worldbank.org/curated/en/758541487079872870/Foreign-banks-and-trade-bridging-the-information-gap http://hdl.handle.net/10986/26134 English en_US Policy Research Working Paper;No. 7967 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
foreign banking trade credit constraints regional development trade finance export competitiveness information |
| spellingShingle |
foreign banking trade credit constraints regional development trade finance export competitiveness information De Nicola, Francesca Tan, Shawn W. Foreign Banks and Trade : Bridging the Information Gap? |
| relation |
Policy Research Working Paper;No. 7967 |
| description |
Foreign banks can play an important role
in facilitating international trade. Most research has
focused on the financing role banks can play, but less is
known about the information role. This paper estimates a
gravity model using sub-regional data from Turkey between
2002 and 2010 to explore whether foreign banks promote trade
through the information channel. The presence of a foreign
banks from a trade partner promote the exports of the
sub-region. In addition, the analysis finds that the
footprint of these foreign banks matters more for exports
than the presence of these banks and the level of financial
development of the sub-region. Banks from countries
neighboring trade partners can also decrease exports. When
taking into account financial conditions and examining the
differential impacts during the recent financial crisis, the
analysis finds that the footprint of foreign banks has the
largest impact on trade. |
| format |
Working Paper |
| author |
De Nicola, Francesca Tan, Shawn W. |
| author_facet |
De Nicola, Francesca Tan, Shawn W. |
| author_sort |
De Nicola, Francesca |
| title |
Foreign Banks and Trade : Bridging the Information Gap? |
| title_short |
Foreign Banks and Trade : Bridging the Information Gap? |
| title_full |
Foreign Banks and Trade : Bridging the Information Gap? |
| title_fullStr |
Foreign Banks and Trade : Bridging the Information Gap? |
| title_full_unstemmed |
Foreign Banks and Trade : Bridging the Information Gap? |
| title_sort |
foreign banks and trade : bridging the information gap? |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/758541487079872870/Foreign-banks-and-trade-bridging-the-information-gap http://hdl.handle.net/10986/26134 |
| _version_ |
1764461031177846784 |