This paper studies the impact of financial structures on the dynamics of the export sector using rich data from over 60 countries. The results reveal that bank-oriented financial systems boost the size of the export sector more than market-oriented financial systems. However, especially in middle- and low-income countries, this effect mostly stems from banks slowing down exporters' exit rather than promoting firms' entry into export. The reduced exit...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2018/10/25
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Рабочий документ в рамках исследования вопросов политики
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WPS8621
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1
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1
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2018/10/25
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Disclosed
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Are Banks Engines of Export ? Financial Structures and Export Dynamics
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foreign bank
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Официальная версия документа (может содержать подписи, и т.д.)