Comparative Advantage, Demand for External Finance, and Financial Development

Comparative Advantage, Demand for External Finance, and Financial Development

The differences in the levels of financial development between industrial and developing countries are large and persistent. Theoretical and empirical literature has argued that these differences are the source of comparative advantage and could therefore shape trade patterns. This paper points out...

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Bibliographic Details
Main Authors: Do, Quy-Toan, Levchenko, Andrei A.
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACTUAL VALUE
AGGREGATE TRADE
BILATERAL TRADE
BILATERAL TRADE DATA
CD
CLOSED ECONOMY
COMPARATIVE ADVANTAGE
CREDIT MARKETS
DEBT
DOMESTIC MARKET
EQUILIBRIUM
EXCESS SUPPLY
EXPECTED VALUE
EXPORT PATTERNS
EXPORT SECTORS
EXPORT SHARE
EXPORTS
EXTERNAL FINANCE
FACTOR ENDOWMENTS
GDP
GDP PER CAPITA
GRAVITY EQUATION
GRAVITY MODEL
GRAVITY MODELS
IMPACT OF TRADE
IMPORTS
INCOME
INTEREST RATE
INTEREST RATES
INTERMEDIATE GOODS
INTERNATIONAL TRADE
LATIN AMERICAN
LEGAL SYSTEM
LIQUIDATION
LIQUIDITY
MARKET SIZE
PANEL REPORTS
PER CAPITA INCOME
POLICY RESEARCH
PRICE ELASTICITY
REGRESSION ANALYSIS
SPECIALIZATION
TOTAL OUTPUT
TRADE DATA
TRADE LIBERALIZATION
TRADE MEASURES
TRADE OPENING
TRADE OPENNESS
TRADE PARTNERS
TRADE PATTERN
TRADE PATTERNS
TRADE VALUES
TRADE VOLUME
TRADE VOLUMES
UNDERESTIMATES
UTILITY MAXIMIZATION
WORLD TRADE
Online Access:http://documents.worldbank.org/curated/en/2006/04/6731244/comparative-advantage-demand-external-finance-financial-development
http://hdl.handle.net/10986/8716

Internet

http://documents.worldbank.org/curated/en/2006/04/6731244/comparative-advantage-demand-external-finance-financial-development
http://hdl.handle.net/10986/8716

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