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
Link To Document :
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