Does financial integration increase exports? Evidence from international industry-level data

dc.contributor.authorGür, Nurullah
dc.date.accessioned2020-11-21T15:55:39Z
dc.date.available2020-11-21T15:55:39Z
dc.date.issued2013en_US
dc.departmentİstanbul Ticaret Üniversitesien_US
dc.description.abstractIn this paper, I examine whether financially integrated countries export relatively more in industries that depend heavily on external finance. I consider three different components of financial integration: international portfolio equity investments, foreign direct investments, and external debt. The results show that, of these three components, international portfolio equity investments have the strongest and most robust effect on the sectoral composition of export flows. International portfolio equity investments increase exports relatively more in industries that depend heavily on external sources of finance. I also find that this positive effect on exports disappears when the quality of institutions is low. © 2014 M.E. Sharpe, Inc.en_US
dc.identifier.doi10.2753/REE1540-496X4905S507en_US
dc.identifier.endpage129en_US
dc.identifier.issn1540496X
dc.identifier.issueSUPPL. 5en_US
dc.identifier.scopus2-s2.0-84893831631en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage112en_US
dc.identifier.urihttps://doi.org/10.2753/REE1540-496X4905S507
dc.identifier.urihttps://hdl.handle.net/11467/4030
dc.identifier.volume49en_US
dc.identifier.wosWOS:000338929300008en_US
dc.identifier.wosqualityQ3en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.relation.ispartofEmerging Markets Finance and Tradeen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectexportsen_US
dc.subjectexternal debten_US
dc.subjectFDIen_US
dc.subjectfinancial constraintsen_US
dc.subjectinternational portfolio equity investmentsen_US
dc.titleDoes financial integration increase exports? Evidence from international industry-level dataen_US
dc.typeArticleen_US

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