會議論文
| 學年 | 100 |
|---|---|
| 學期 | 2 |
| 發表日期 | 2012-05-26 |
| 作品名稱 | Trade openness and finance: Effects of China foreign trade on Latin American financial development |
| 作品名稱（其他語言） | |
| 著者 | Chen, Yu-lung; Emile, Etzer S. |
| 作品所屬單位 | 淡江大學財務金融學系 |
| 出版者 | Tamkang University |
| 會議名稱 | 2012 conference on East Asia Finance-Crisis and Recovery of Financial Markets |
| 會議地點 | Tamkang University, Taipei, Taiwan Compus,Taipei, Taiwan, Taiwan |
| 摘要 | In a context of intense globalization where China is acclaimed as the largest export power in the world, this study takes place to offer an overview on how China’s foreign trade affects Latin American financial development. Using annual data from 17 Latin American economies observed over the period 1982-2009 and a heterogeneous panel regression based on a the Pooled Mean Group (PMG) approach of Pesaran et al. (1999), this analysis provides limited evidence to support that the existing trade connection between China and Latin America has positive and significant impact on financial development in Latin American countries. The findings also reveal that trade openness plays an important and positive role in the financial development in Latin American economies. According to the conclusion of Huang and Temple (2005), there is also evidence that the economic development level of the Latin American countries does have a positive influence on their financial development since they are not high-income countries. |
| 關鍵字 | China - Latin America;Foreign trade;Trade openness;Financial Development;Pooled Mean Group Estimator |
| 語言 | en |
| 收錄於 | SSCI |
| 會議性質 | 國際 |
| 校內研討會地點 | 台北校園 |
| 研討會時間 | 20120526~20120527 |
| 通訊作者 | |
| 國別 | TWN |
| 公開徵稿 | Y |
| 出版型式 | 電子版 |
| 出處 | 2012 conference on East Asia Finance-Crisis and Recovery of Financial Markets |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/77759 ) |