全球智库信息集成服务系统(G2TT): DP3608 Endogenous Exchange Rate Pass-Through When Nominal Prices Are Set in Advance

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP3608
	DP3608 Endogenous Exchange Rate Pass-Through When Nominal Prices Are Set in Advance
	Charles Engel; Michael B Devereux; Peter Ejler Storgaard
发表日期	2002-10-20
出版年	2002
语种	英语
摘要	We explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop an analytical model, highlighting links between long-run economic performance and the services trade, through scale economies and market and cost structures in the financial services sector. This is followed by an econometric exercise based on data for 130 countries for the 1990s. Our results point to a strong positive relationship between financial sector competition/performance and financial sector openness (meaning foreign bank access to domestic markets), and between growth and financial sector competition/performance. They also point to the presence of scale economies in the sector.
主题	International Trade and Regional Economics
关键词	Financial services trade Financial sector openness Services trade Services trade and growth Services trade and imperfect competition Banking competition
URL	https://cepr.org/publications/dp3608
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/532614
推荐引用方式 GB/T 7714	Charles Engel,Michael B Devereux,Peter Ejler Storgaard. DP3608 Endogenous Exchange Rate Pass-Through When Nominal Prices Are Set in Advance. 2002.