Financial Constraints, the Distribution of Wealth and International Trade
24 Pages Posted: 7 Sep 2010
There are 2 versions of this paper
Financial Constraints, the Distribution of Wealth and International Trade
Number of pages: 24
Posted: 07 Sep 2010
You are currently viewing this paper
Downloads
28
Financial Constraints, the Distribution of Wealth and International Trade
The World Economy, Vol. 34, Issue 5, pp. 707-724, 2011
Number of pages: 18
Posted: 31 May 2011
Downloads
1
Date Written: September 6, 2010
Abstract
We develop a simple theoretical model to examine the impact of the distribution of wealth on the patterns of trade when capital markets are imperfect. Our model predicts that the dispersion of wealth can be a determinant of comparative advantage for low-income countries with poor financial institutions. We find support for these prediction using export and financial panel data from a large sample of countries.
Keywords: Patterns of Trade, Wealth Distribution, Financial Constraints
JEL Classification: F10
Suggested Citation: Suggested Citation
Amissah, Emmanuel Bentum and Bougheas, Spiros and Falvey, Rod, Financial Constraints, the Distribution of Wealth and International Trade (September 6, 2010). Available at SSRN: https://ssrn.com/abstract=1672663 or http://dx.doi.org/10.2139/ssrn.1672663
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.
