• DocumentCode
    535847
  • Title

    The effects of financial openness to trade structure of different type of countries

  • Author

    Han, Fengwu

  • Author_Institution
    Dept. of Economic & Manage., Univ. of North China Electr. Power, Baoding, China
  • Volume
    2
  • fYear
    2010
  • fDate
    9-10 Oct. 2010
  • Firstpage
    326
  • Lastpage
    328
  • Abstract
    Financial openness improves the financial development by affording more contenders in the country. And then financial development affects the competent advantages of the country. According to HO theory and New Trade Theory, the paper induces the effects of financial openness to trade structure of different type of countries by building a mathematics model. In the country with high degree of financial openness, services with high intelligences and technologies which have more exports replace the traditional industry with fewer exports. In the country with dual economy, financial openness has appropriate affections to different enterprises and net exports are uncertain in short time. In the country with low degree of financial development, financial openness can rapidly improve the financial effectiveness and economic growth.
  • Keywords
    commerce; financial management; HO theory; economic growth; financial development; financial effectiveness; financial openness; mathematics model; new trade theory; trade structure; Presses; Variable speed drives; country classification; financial openness; trade structure;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Future Information Technology and Management Engineering (FITME), 2010 International Conference on
  • Conference_Location
    Changzhou
  • Print_ISBN
    978-1-4244-9087-5
  • Type

    conf

  • DOI
    10.1109/FITME.2010.5654868
  • Filename
    5654868