| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11565 |
| DP11565 Risk-Based Capital Requirements for Banks and International Trade | |
| Banu Demir; Evren ÖRS; Tomasz K. Michalski | |
| 发表日期 | 2016-10-08 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We find that changes in banks’ risk-based capital requirements can affect firm-level exports. We exploit the mandatory Basel II adoption in its Standardized Approach by all banks in Turkey on July 1, 2012. This change affects risk-weights for letters of credit and generates two identification schemes with opposite predicted signs. Using data that cover 16,662 exporters shipping 2,888 different products to 158 countries, we find that the share of letter of credit-based exports decreases (increases) at the firm- country-product level when the associated counterparty risk-weights increase (decrease) after Basel II adoption. However, growth of firm-product-country level exports remains unaffected. |
| 主题 | International Trade and Regional Economics |
| 关键词 | International trade finance Basel ii Letters of credit |
| URL | https://cepr.org/publications/dp11565 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540379 |
| 推荐引用方式 GB/T 7714 | Banu Demir,Evren ÖRS,Tomasz K. Michalski. DP11565 Risk-Based Capital Requirements for Banks and International Trade. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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