A Research into the Path of Financial Development Increasing Trade Volume:a Transnational Empirical Analysis
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Abstract The existing researches focus on financial development and have testified that financial development can increase trade volume, but neglect the path of financial development increasing trade volume. Using the bilateral HS six-digit trade data of all the countries of the world from 1995 to 2007, the author disassembled the total export of a country into export scope, quantity and quality. Then the author analyzed empirically the extent of the influence of financial development on export scope, quantity and quality, and thus researched the path of financial development increasing trade volume. The conclusion shows that financial development increases trade volume mainly by the path of export scope
SHI Bing-Zhan. A Research into the Path of Financial Development Increasing Trade Volume:a Transnational Empirical Analysis. Economic Survey, 2011, 28(3): 082.