Have a personal or library account? Click to login

Impacts of Regional Trade Agreements on the Trade Effects of Financial Development

Open Access
|Dec 2024

References

  1. Allee, T., & Peinhardt, C. (2011). Contingent credibility: the impact of investment treaty violations on foreign direct investment. International Organization, 65(3), 401–432. https://doi.org/10.1017/S0020818311000099
  2. Anderson, J. E., & van Wincoop, E. (2003). Gravity with Gravitas: A Solution to the Border Puzzle. American Economic Review, 93 (1), 170-192. https://doi.org/10.1257/000282803321455214
  3. Antràs, P., & Staiger, R. W. (2012). Offshoring and the role of trade agreements. American Economic Review, 102(7), 3140-3183. https://doi.org/10.1257/aer.102.7.3140
  4. Baier, S. L., & Bergstrand, J. H. (2007). Do free trade agreements actually increase members’ international trade?, Journal of International Economics, 71(1), 72-95. https://doi.org/10.1016/j.jinteco.2006.02.005
  5. Baltagi, B. H., Egger, P., & Pfaffermayr, M. (2008). Estimating regional trade agreement effects on FDI in an interdependent world. Journal of Econometrics, 145(1-2), 194-208. https://doi.org/10.1016/j.jeconom.2008.05.017
  6. Beck, T. (2003). Financial dependence and international trade. Review of international Economics, 11(2), 296-316. https://doi.org/10.1111/1467-9396.00384
  7. Beck, T. (2002). Financial development and international trade: Is there a link?. Journal of international Economics, 57(1), 107-131. https://doi.org/10.1016/S0022-1996(01)00131-3
  8. Becker, B., Chen, J., & Greenberg, D. (2013). Financial development, fixed costs, and international trade. The Review of Corporate Finance Studies, 2(1), 1-28. https://doi.org/10.1093/rcfs/cfs005
  9. Berman, N., & Héricourt, J. (2010). Financial factors and the margins of trade: Evidence from cross-country firm-level data, Journal of Development Economics, 93(2), 206-217. https://doi.org/10.1016/j.jdeveco.2009.11.006
  10. Braun, M. (2005). Financial contractability and asset hardness. Harvard Law School. Retrieved December 1, 2023, from http://www.law.harvard.edu/programs/corp_gov/papers/Matias_Braun_Paper.pdf
  11. Caballero, J., Candelaria, C., & Hale, G. (2018). Bank linkages and international trade. Journal of International Economics, 115, 30–47. https://doi.org/10.1016/j.jinteco.2018.08.006
  12. Chaney, T. (2016). Liquidity constrained exporters, Journal of Economic Dynamics and Control, 72, 141-154. https://doi.org/10.1016/j.jedc.2016.03.010
  13. Estrades, C., Maliszewska, M., Osorio-Rodarte, I., & Seara e Pereira, M. (2023). Estimating the economic impacts of the regional comprehensive economic partnership, Asia and the Global Economy, 3(2), 100060. https://doi.org/10.1016/j.aglobe.2023.100060
  14. Fauceglia, D. (2015). Credit market institutions and firm imports of capital goods: Evidence from developing countries. Journal of Comparative Economics, 43(4), 902-918. https://doi.org/10.1016/j.jce.2015.03.007
  15. Franco-Bedoya, S., & Frohm, E. (2022). Reduced ‘Border effects’, Free Trade Agreements and international trade. The World Economy, 45, 1112–1139. https://doi.org/10.1111/twec.13211
  16. Handley, K., & Limão, N. (2015). Trade and investment under policy uncertainty: theory and firm evidence. American Economic Journal: Economic Policy, 7(4), 189-222. https://doi.org/10.1257/pol.20140068
  17. Hayakawa, K., Laksanapanyakul, N., & Yoshimi, T. (2023). Firm-level Utilization Rates of Regional Trade Agreements: Importers’ Perspective, Journal of Asian Economics, 86, 101610. https://doi.org/10.1016/j.asieco.2023.101610
  18. Lim, S.-J., Park, J.-Y., Nam, H.-J., & Park, S.-H. (2020). The moderating role of ASEAN-Korea FTA on the relationship between trade and South Korean outward FDI, International Journal of Trade and Global Markets, 13(3), 348-365. https://doi.org/10.1504/IJTGM.2020.108781
  19. Limão, N., & Maggi, G. (2015). Uncertainty and trade agreements. American Economic Journal: Microeconomics, 7(4), 1-42. https://doi.org/10.1257/mic.20130163
  20. MacDermott R. (2007). Regional trade agreement and foreign direct investment. North American Journal of Economics and Finance, 18(1), 107-116. https://doi.org/10.1111/j.1747-1346.2011.00296.x
  21. Magee, C. S.P. (2017). The Increasing Irrelevance of Trade Diversion. Kyklos, 70(2), 278-305. https://doi.org/10.1111/kykl.12138
  22. Manova, K. (2008). Credit constraints, equity market liberalizations and international trade. Journal of International Economics, 76(1), 33-47. https://doi.org/10.1016/j.jinteco.2008.03.008
  23. Manova, K. (2013). Credit constraints, heterogeneous firms, and international trade. Review of Economic Studies, 80(2), 711-744. https://doi.org/10.1093/restud/rds036
  24. Manova, K., Wei, S.-J., & Zhang, Z. (2015). Firm exports and multinational activity under credit constraints. Review of Economics and Statistics, 97(3), 574–588. https://doi.org/10.1162/REST_a_00480
  25. Maskus, K. E. (1989). Comparing International Trade Data and Product and National Characteristics Data for the Analysis of Trade Models. In Hooper, P., & Richardson, J. D. (Ed.). International Economics Transactions: Issues in Measurement and Empirical Research, Chicago, IL: University of Chicago Press, pp. 17-56.
  26. Melitz, M. (2003). The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity. Econometrica, 71, 1695-1725. https://doi.org/10.1111/1468-0262.00467
  27. Muendler, M.-A. (2009, January 8). Converter from SITC to ISIC. University of California-San Diego. Retrieved December 1, 2023, from https://econweb.ucsd.edu/~muendler/docs/conc/sitc2isic.pdf
  28. Neumayer E, & Spess L. (2005). Do bilateral investment treaties increase foreign direct investment to developing countries?. World Development, 33(10), 1567-1585. https://doi.org/10.1016/j.worlddev.2005.07.001
  29. Nguyen, D. B., & Vaubourg, A.-G. (2021). Financial intermediation, trade agreements and international trade. The World Economy, 44, 788-817. https://doi.org/10.1111/twec.13010
  30. Niepmann, F., & Schmidt-Eisenlohr, T. (2017). International trade, risk and the role of banks. Journal of International Economics, 107, 111–126. https://doi.org/10.1016/j.jinteco.2017.03.007
  31. Raff, H. (2004). Preferential trade agreements and tax competition for foreign direct investment. Journal of Public Economics, 88(12), 2745–2763. https://doi.org/10.1016/j.jpubeco.2004.03.002
  32. Rajan, R. G., & Zingales, L. (1998). Financial dependence and growth. The American Economic Review, 88(3), 559–586. Retrieved from https://www.jstor.org/stable/116849 [December 1, 2023]
  33. Schmidt-Eisenlohr, T. (2013). Towards a theory of trade finance. Journal of International Economics, 91(1), 96–112. https://doi.org/10.1016/j.jinteco.2013.04.005
  34. Turkson, E., Oduro, A. D., Baffour, P., & Quartey, P. (2022). Regional integration and non-tariff barriers to Intra-Sub-Saharan Africa trade. The World Economy, 46, 396-414. https://doi.org/10.1016/j.jinteco.2013.04.005
DOI: https://doi.org/10.2478/zireb-2024-0031 | Journal eISSN: 1849-1162 | Journal ISSN: 1331-5609
Language: English
Page range: 353 - 373
Published on: Dec 5, 2024
Published by: University of Zagreb, Faculty of Economics & Business
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2024 Juan Zhang, Jiahui Chen, Zuanshi Liu, published by University of Zagreb, Faculty of Economics & Business
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.