| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13375 |
| DP13375 Trade and Credit Reallocation: How Banks Help Shape Comparative Advantage | |
| Christian Keuschnigg; Michael Kogler | |
| 发表日期 | 2018-12-08 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Trade and innovation cause structural change. Productive factors must flow from declining to growing industries. Banks play a major role in cutting credit to non-viable firms in downsizing sectors and in providing new credit to finance investment in expanding, innovative sectors. Structural parameters of a country's banking system thus influence comparative advantage and trade, and can magnify the gains from trade liberalization. The analysis shows how insolvency laws, minimum capital standards, and cost of bank equity determine credit reallocation, sectoral expansion and trade patterns. |
| 主题 | International Trade and Regional Economics ; Public Economics |
| 关键词 | Capital reallocation Banking Trade Comparative advantage |
| URL | https://cepr.org/publications/dp13375 |
| 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/542186 |
| 推荐引用方式 GB/T 7714 | Christian Keuschnigg,Michael Kogler. DP13375 Trade and Credit Reallocation: How Banks Help Shape Comparative Advantage. 2018. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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