Comparative Advantage, Demand for External Finance, and Financial Development

The differences in the levels of financial development between industrial and developing countries are large and persistent. Theoretical and empirical literature has argued that these differences are the source of comparative advantage and could therefore shape trade patterns. This paper points out...

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Bibliographic Details
Main Authors: Do, Quy-Toan, Levchenko, Andrei A.
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2006/04/6731244/comparative-advantage-demand-external-finance-financial-development
http://hdl.handle.net/10986/8716

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