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Financial Development and International Trade: Regional and Sectoral Analysis AgEcon
Susanto, Dwi; Rosson, C. Parr, III; Costa, Rafael F..
Financial development has been argued as a potential source of comparative advantage and its relationships with trade has been theoretically developed. This theory posits that countries that are well financially developed should experience greater volumes of international trade. We empirically investigate the effects of financial development on trade of both agricultural and manufactured products. The results show a positive impact of financial development on bilateral trade flows for the manufacturing sector, which enjoys a greater impact than the agricultural sector. The impacts differ across regions. In most cases, developing countries (Asia, Latin America, MENA and SSA) experience greater impacts of financial development on exports in both agriculture...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural sector; Comparative advantage; Financial development; International trade; Manufacturing sector; International Development; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/102647
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Foreign Direct Investment in Manufacturing Sector in Malaysia AgEcon
Abdul Karim, Noor Al-Huda; Winters, Paul C.; Coelli, Tim J.; Fleming, Euan M..
This paper analyses the determinants of foreign direct investment (FDI) in the manufacturing sector in Malaysia from eleven countries during the period 1988 to 2000. The empirical results indicate that gross domestic product, lending interest rate, labour productivity, exports to home country and imports from home country significantly influenced the level of FDI inflows into Malaysia. However, exchange rate, exchange rate variation, wage and openness index were not important in influencing FDI.
Tipo: Conference Paper or Presentation Palavras-chave: Foreign direct investment; Manufacturing sector; International Relations/Trade.
Ano: 2003 URL: http://purl.umn.edu/57903
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