Publication:
Are Banks Engines of Export? Financial Structures and Export Dynamics

dc.contributor.authorMinetti, Raoul
dc.contributor.authorMulabdic, Alen
dc.contributor.authorRuta, Michele
dc.contributor.authorZhu, Susan
dc.date.accessioned2018-11-01T17:03:23Z
dc.date.available2018-11-01T17:03:23Z
dc.date.issued2018-10
dc.description.abstractThis paper studies the impact of financial structures on the dynamics of the export sector using rich data from over 60 countries. The results reveal that bank-oriented financial systems boost the size of the export sector more than market-oriented financial systems. However, especially in middle- and low-income countries, this effect mostly stems from banks slowing down exporters' exit rather than promoting firms' entry into export. The reduced exit from the export sector appears to reflect domestic banks' tendency to evergreen loans to exporters ("soft budget constraint") more than banks' buffering role in difficult times. Foreign banks mitigate this effect and enhance the dynamism of the export sector.en
dc.identifierhttp://documents.worldbank.org/curated/en/891251540473620564/Are-Banks-Engines-of-Export-Financial-Structures-and-Export-Dynamics
dc.identifier.doi10.1596/1813-9450-8621
dc.identifier.urihttps://hdl.handle.net/10986/30641
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8621
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectEXPORT COMPETITIVENESS
dc.subjectBANKING SERVICES
dc.subjectEXPORT FINANCE
dc.subjectFINANCIAL STRUCTURES
dc.subjectEXPORT DYNAMICS
dc.subjectFOREIGN BANKS
dc.subjectTRADE FACILITATION
dc.subjectTRADE FINANCE
dc.titleAre Banks Engines of Export? Financial Structures and Export Dynamicsen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleAre Banks Engines of Export? Financial Structures And Export Dynamics
okr.date.disclosure2018-10-25
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/891251540473620564/Are-Banks-Engines-of-Export-Financial-Structures-and-Export-Dynamics
okr.guid891251540473620564
okr.identifier.doi10.1596/1813-9450-8621
okr.identifier.externaldocumentum090224b0864ff1b3_1_0
okr.identifier.internaldocumentum30547803
okr.identifier.reportWPS8621
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/891251540473620564/pdf/WPS8621.pdfen
okr.statistics.combined1736
okr.statistics.dr891251540473620564
okr.statistics.drstats1376
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Capital Markets and Capital Flows
okr.topicFinance and Financial Sector Development::Financial Regulation & Supervision
okr.topicInternational Economics and Trade::Export Competitiveness
okr.topicInternational Economics and Trade::Trade Facilitation
okr.topicInternational Economics and Trade::Trade Finance and Investment
okr.unitMacroeconomics, Trade and Investment Global Practice
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relation.isAuthorOfPublication.latestForDiscoveryf938bd19-ef80-50c5-9b58-e8429fce3b91
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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