Trade openness and finance: Effects of China foreign trade on Latin American financial development
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 )

機構典藏連結
SDGS 尊嚴就業與經濟發展,產業創新與基礎設施