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
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